If they had "total confidence" then they'd sell their shares. They wouldn't just put up a wall on the ask.
Why would they put up a fake wall in the .005s, and then in the .004s, and now in the .003s....week after week? One reason. To keep the price from going up. They have no reason to think it's going down, and they don't want to sell their shares. If they did, they'd SELL them instead of just making a nuisance of themselves.
They want to smother out investors so that the prices stagnates sideways and down, so that when they get the news they are waiting for they can buy at .0035 instead of a more fair price.
Restated...price manipulation. No two ways about it.
If you want to sell, then keep the order there but take off the "All or none" parameter.