People keep saying top 20 aren't selling. Who the heck are they...

People keep saying top 20 aren't selling. Who the heck are they going to sell to? TheJudge dumped 700k+ so some of the big guys have been dumping. As for a placement, anyone that wants a big parcel of shares isn't going to buy on market they will approach QTK now and when QTK does the placement they'll get offered shares. Thorney hasn't bought for months, when originally they were going to buy around 35c - why's that? They are obviously believe QTK is stuffed or they are expecting to get shares from a capital raising activity such as a placement or listing on the HK exchange.
Anyone buying now is mad - IMHO