I only speak from my expertise and experiences in the capital markets
and trading in previous OTCBB stocks.  As of right now, this stock
trades on air - it is thinly traded and has no concrete fundamentals
except burn rate.  As such, it is prone to wild swings.  It keeps
selling off because there is no buyer, and if someone is out there
attempting to unload a position, the market maker(s) have to buy the
shares and place them in their inventory.  You pay a heavy price for
force feeding shares to people that don't want them.  This stock has
no reason to go up unless material information is disclosed.

Realize that GOFH has stuffed a lot of people's pockets with their
shares.  If anyone wants money, they need to go to the market maker
and get rid of this paper.  Why sell now?  People who are being paid
in shares [insiders and employees that have free-to-trade paper] and
third parties paid in shares or with free-to-trade shares want cash,
even if it is just to diversify their exposure.

I think a number of people have bloody noses right now, and GOFH/Bolt
are in serious trouble becuase they may have an employee retention
problem unless they start to fork over more cash and/or shares.

It's just logic.  If seen it in the past.