Michelle & Friends just want to be around long enough to sell...

Michelle & Friends just want to be around long enough to sell out at a profit for them, call it what you will, it can't be classified insider trading but it was certainly not in the best interests of shareholders to offer "sophisticated investors" i.e her and her cohorts, shares at 1c to dilute the company coming up to this annual meeting, so they could get away with whatever they want.. Michelle was given entitlements consistently through this tenure and didn't buy any shares until there were some offers on the table and she thought she'd be the cat eating the cream.