My observation of your questions, which are basically some thoughts are...
The run up to $.11 last year was caused by a well-organized, and orchestrated combination of many stock promoting groups working together to drive up the buying volume to bring the kind of numbers in to fuel the run;
Also, the daytraders jumped in and fueled the flame;
And, the MM's certainly did their part and took advantage of the selling and buying of shares during the run up...and the run back down;
The shorts could have participated, but I do not know what the short position was on ERBB during that run...but, I would speculate that it was probably the usual 30% - 50%;
Add to this the turmoil and uncertainty of a fledgling industry that was hammered by the governmental agencies and compliance regulations;
Also, a voting population that showed one half for legalization...and one half that was against it;
These promoting groups of investors, some of which are shorting entities, will most certainly return...as they are financial vultures, doing everything that they can to manipulate the PPS of a company;
The time frame should be different because...ERBB has gone through a very strong learning curve and has been able to tread water/survive long enough to learn how to swim;
Yes, they still have the same OS/float problems of 3.85B shares and 3.25B shares, and there is fear of an imminent R/S...but, there is light at the end of the tunnel, that appears to NO longer be a runaway locomotive;
A share buy back blows this thing up to the north side...a R/S blows the PPS up to the downside...and, IMO, as with most R/S's destroys the dreams of becoming millionaires of many investors...
There are signs of much better organization, free from the bad alliances that were made in earlier times, and, just maybe, AG has become the preverbal blind squirrel that finds an acorn if he scratches long enough; LOL
Another good sign is that the heavy weights are back talking the company down...which signals fear from competitors, who, quite possibly, are willing to pay for others to talk the company down;
One more thought...a New Year...money waiting on the sidelines to enter a $.0125 PPS company that could just explode soon and run well beyond the previous high...possibly into the dollars over time and future good business deals being made...and something done with a buy back of shares, etc. AJMHO, of course, FWIW
