Once again, today at 1 pm, 3 million shares exchanged hands at .0002, right after the same amount exchanged hands at .0003. The trade at .0002 "walked right over the backs of the dead", ignoring over 50 million shares bid at .0003. The same thing happened yesterday, in paired trades of 4 million each. The only theory that has been suggested, is this has something to do with some off-market inter-institutional trade designed to repay a creditor. So, what is new?
What is new is, i cannot understand why anyone would accept payment in shares that are nearly impossible to sell at the present time, if the company was about to be dissolved and all shares rendered worthless. It only makes any sense if the shares, in future, will have some capacity, however small, to appreciate in value.
