Monday, May 16, 2022 11:59:37 AM
80,000,000 on the bid is to make people think the MM's want shares that causes investors to buy on the asked. And as soon as even one person sells 1,000,000 shares on the 80,000,000 bids, the MM's will drop the bid volume far below 79,000,000 as you can see is now only 6,000,000.
If one other person tries to sell on the bid even 1,000,000 shares, the bid volume will drop again to 50,000 maybe more or less.
That is because the MM's do not want to load up on shares they cannot sell but want investors to be fooled that bid support exists when it does not.
Also the brokers and MM's are getting debt shares for much less than $.0004 maybe as low as $.00005 so why buy on the bid at $.0004 when they can get more for less from debt investors.
20,000,000,000 sold at even $.0001 even at this end stage is $2,000,000 while most of the big money was raised on the initial stages when the shares traded at $.05 or higher that generated over $50,000,000 in FREE CASH!
I said it over and over. ALL the money made on these schemes belongs to SGMD and the debt investors and YOU cannot have any of it.
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