My thoughts!
The bid is a bunch of shorts (shorting thru sure trader) looking to cover. Most likely Clay trader group. It seems everytime he posts a chart the stock goes down. He shorts while telling everyone to buy. I'm sure there are other groups as well who shorted. There was not enough dilution from the company to cause that sell off. If it was dilution there would not be a 1.4 bill bid. You would just have a lot of bag holders and it would be back at .0001 offer no bid!! So, don't get caught selling .0001 when you don't need to. Also, CEO stated a lot of promises via twitter. If he was lying he will get caught, if it's a fake account someone will be in serious trouble. Nonetheless I don't believe it was fake. How would a fake user know about the timeliness of the filings. I think the debt holders didn't keep their promises cause the stock ran to hard. why would they the money opportunity was huge but couple that with the shorters and this is where we are. You have shorters trying to cover (scaring investors into hitting their bid). They will even put up bigger offers just to scare weak hands. To summarize the bid is real. It's a bunch of shorts WHO NEED SHARES DESPERATELY. Be patient wait and when the official pr comes out this will run higher than .0007 as 1.4 bill shares try to cover.