At 9:13:27 AM, I show 2 trades, 1 for 968 and then the other taking the volume up to 508,168 at $0.80. At 9:30:01 AM, I'm showing a volume of 520,668 at $0.81. I also show about 1.2m shares around lunch time. Not sure why you're making such a big deal about this with far fetched theories, but it is what it is.
I saw several 5,000 lot, or 500,000 share trades all of the same size at or around the opening bell and the total share count above 2.5 million shares by 09:45 am. I saw no bid or ask volume on the ECN which suggested they went into the open market. This suggests to me they were arms length trades, perhaps by bond holders who bundled shares for private sale to a private bidder?
I don't have a series 7 license so please interpret my findings as you see it, but I did see the transactions cross my ECN this morning. That is all I was commenting on.