Towne Bancorp, Inc. (TWNE)

[Value_Investor]

TWNE has not reported anything at all since 03/31/2010! Which has violated the SEC reporting rule! Current SS is unknown! Unfortunately TWNE has no any Transfer Agency at all based on the Info. on the otcmarkets.com! Perhaps we should contact the company management for a quick updating for both the SS and financial reports in case FINRA does something against us!

Anyway it seems that we might see most recent or 52-week low 0.0040 again if a big sell-off kicks in here based on very weak bids support from the Level2 unless our strong hands start to Slap out those dirt cheap shares at the asks 0.15 ~ 0.05 again...

I'm wondering who bought Hundreds Of Thousands Of shares at $0.15 ~ $0.01 most recently? Why did not they push this hidden gem up like the other peers (such as WDSL: from $0.1 to $2.34 within just a couple of weeks) did most recently, instead of letting the price decline to such low ($0.02) or even down further to $0.0040 in the near future?

If I were one of them (who bought over 50K ~ 100K shares of TWNE) then I would drive the price up to $0.3 at least because buying its peer (WDSL: 200,760 shares Super Tiny OS) at 52-week-high $2.34 = buying TWNE at $0.2962!