NITE may be regretting that he sold off that 30,000+ share block a couple months ago around $0.50... there is a poster here who claims to have bought that block... it is possible that NITE was attempting a shakeout and trying to tempt sellers to fron run their block and drive the price down toward 52 wk lows... but they may have gotten a surprise wake up call when their entire block got snapped up at $.50.
all my posts are my opinion only. always do your own research.