It would seem to me that when the Investor gave notice of his intent to convert his preferred shares into common stock and then actually did so per today's SEC filing we shareholders should have been advised. This likely explains the recent volume as new shares are being dumped to grab some cash. I do not know if the Investor is behind the volume but I presume that is the case (it wasn't me). Since they only converted 35 of the 500 preferred shares this is an event we can recover from. But the silence is deafening.

In the real world this investor should know a lot more than we do.