So I am going to pose a sinister scenario of what occurred here...

So I am going to pose a sinister scenario of what occurred here and it paints a bleak picture of management

MGMT announce unaudited revenue record for october, then somehow it halved in nov and dec - could be accounting treatment that got it to be so high then lower (sneaky move as it is unaudited)

This put a rocket on SP and a lot of people took stakes in the options (myself included) 

Raise was always on the agenda but they wanted higher SP 

They then raise a bigger discount once they realise that with so many E2Eo holders they can entrap them as now you can't even sell into 0.001, forcing them the only way to get investment out is convert and then sell heads and thus lining coffers. It also strings them along in the hope that maybe not nov 2019 they get above 2c but it could be in next 2 years.

There is a few factors to this, but it is my opinion only and not a statement of facts, it is a commentary on events surrounding them