There is no reason for price to go up becouse they will not be burning coins from circulation supply afaik. Quite the oposite, token circulation supply will go up. When?, we dont know.

If they want to pump more coins into circulation they could wait q1 2018 after they have finished product and not now when the price is so sensitive.

Dont get me wrong, i realy belive that they doing a great project so i dont understand why  pump the value to 0.035 with coin burn story and then sell big chunk of their tokens. To me it is not fair and it is not looking good.

This is my view, no one needs to take it for granted. Do your own research, make your own decisions and repply here with your own conclusions.