BioNitrogen Holdings Corp. (BIONQ)

[LongRun8]

BION may not necessarily be selling shares actively now, but, if anything, it's probably shares that were issued to 3rd parties for covering BION's expenses that are now being dumped on the market. The way I think people should view it is that shares are basically given away to 3rd parties (for free), then those entities can sell it at whatever price they want. Free shares sold at $0.03 is still nice for them. It can drive stock price down because they have less incentive to keep share price up when demand is low. Somebody, however, is also buying those shares, too, remember.