Cheds is right in my opinion. I can attest there were no diluting MM's on the ask Wednesday afternoon and all day Friday (lower than .0040). There was a sustainable buying pressure to increase a little but nothing to make it run.
My best guess on sellers are retail end of year sell outs. Remember this stock was probably referred to a lot of friends during the year who might not know what they really invested in.
I think as dilution slows and the year end sells ends the ask will slowly get smacked until one day it starts a massive run up (company update?).
Once I get a look at December shares as an entirety I will have a better idea of how much dilution has been done. There is more out there just not at these levels MM's are not going to take a hit when there is no need.