that is the bottom line... whenever we see lot of buying and still the pps (price per share) is not going up, it means there is a big supply of shares ; so MMs don't have to move pps to meet the demand for shares.
no the real question is -- where is the supply coming from?
In my opinion, a large component is definitely dilution from company. But that is to be expected given that we are in pinkie/otcbb land. Hopefuly this will be done soon and the pps can go up given the interested buyers.