GEX Management Inc (GXXM)

[Oracle]

GXXM sub-0001's
The sub-0001's are simply MMs unloading inventory they don't need, for the transaction fee for fills (.00026/per $100 of orders processed), which adds up to millions every year. They'll always sell off extra inventory fast to keep those transaction fees coming, especially when a stock is slow. Completely normal stuff.

MMs don't lose money selling to you under .0001 because they own it under .0001 to start with (several ways that happens, a long explanation). Why they're doing it has nothing to do with the stock or anything going on with the company, including any news or any split. The MM is just overstocked.

What happens when it's under .0001 and I bid .0001?
What'll happen is you'll get some shares under .0001, not a lot, not a game changer, (usually .00005-.000098), and some at .0001. Essentially they'll throw you a few bones for buying when business is slow for them.

Happy trading!