Sept 28th has recently passed (which happens to be

Sept 28th has recently passed (which happens to be the last round of conversions until Feb 2014)

and   

Now resistance shows up at $0.002, the PPS is being funneled down thinking the company will indiscriminately dilute the last round of shares lower. 

This would provide a way for shorts to try to cover at prices not seen in almost 2 years.

It's highly unlikely the company will dilute at all at current prices, but its very likely a few nervous longs and traders are the source of the selling.  

GLTA