I need some help with this one. Who is selling & w

I need some help with this one. Who is selling & why? There can't be that many total idiots. 13d has nothing to lose & much to gain by holding their shares unless they are trying to manipulate SP to facilitate their agenda.( too little too late). If they were smart(they are not), they would hold & help drive sp up & cash in.
Am not impressed that they recognize the errors of current management, but more so by the fact that they do not recognize & correct their own mistakes.
Judge not....