TMS: Announcements Blatantly made to Mislead?

The Media Shoppe (TMS) has been a subject of high volume trade over the last 2 - 3 months. Single day trade exceeded more than 200 million stocks for some days (total trade value went as high as RM60 million / day which is more than the market cap of the stock currently).  

Just look at few of the announcements and actions of its shareholders.

Today's announcement
(not pursuing the project awarded) - if not taking up project why bother announcing?

Stocks volatility

One of few sale by directors during the period

"Buyers Beware"!

Serious Investing!