First, lets stipulate that you don't know and I don't know exactly what these t-trades are. But, lets try to use the best information that we have and also provide that information to the rest of the board.

Many long-time posters have told us that t-trades occur when large buyers or sellers give an order to market makers and ask them to "manage it" during the day. In this way, the large order isn't executed all at once, thereby mitigating the impact on the price. At the end of the day, the trades are reported in aggregate at the average price.

To me, this sounds more like someone like Fife, than like a group of short sellers.

We also know that these t-trades tend to "come and go" for a week at a time (or so). They reflect fairly high volume that can be related to the amount of shares that Fife gets each month.

Further....who sells at $1.....someone who buys at less than $1. And, someone with a lot of shares, where that margin is meaningful. That is Fife, as we know the conversion terms offer a rate that is 85% of a recent low trading price and he is likely receiving 4 to 7 million shares per month at this point..

So, the evidence points toward someone we know (Fife) and not some phantom un-named and unidentified group. IMO.