The 4C wasn't any different to the last one (or the many previous) other than the fact the directors and Rahal's side hustle took a pay cut to avoid trading while insolvent.
No one is buying a loss leader in this global economy, all they are doing at this stage is selling off the vaguely legitimate portions of the company that actually create revenue over the next 2-3 more quarters that they originally purchased at a premium to drum up interest before each cap raise.
Once everything of value has been auctioned off and sucked back into the pockets of GG and Rahal (at a bravely reduced rate) they'll drum it all up to COVID and this whole farce will come to a close with only two "investors" receiving millions in compensation.