I find it hard to believe any smart MMEG trader would buy at the low pps of 4 or 5 after seeing the Bid and Ask size of these values increasing every day!
Reality tells traders that those prices are the result of paying off money lenders or acquired company investors with a large discounted value of MMEG common shares then seeing the lender/investors load up at the Ask price to get all of their money returned.
That's a function the real life management should bypass instead of putting their investors in a deep financial hole. They should have left their debt alone and reported it in a public filing, instead of delaying the quarterly filing, IMO.
190 million for sale at the Ask price of .0005?
(Just moved to over 200 million at .0005 and the Ask dropped down again to .0004 with close to 7 million)
With a volume of only 103 million and constant drops to only .0004 at the Ask!
Ha! Who would ever buy MMEG at this price!
My posted comments are only my considered opinion based on the reality as I see it. Your reality may be different.
