The sharp decline in GGE's stock price is likely due to the dilutive nature of the securities purchase agreement, which typically leads to a decrease in the value of existing shares. The sale price of $0.17 per unit is significantly lower than the recent trading price, indicating a substantial discount and potential dilution of shareholder value. The involvement of warrants also suggests future dilution if exercised. The market's reaction is negative, as reflected in the stock's all-time low, and this trend may continue in the short term.