NITE is the key MM currently. Lately, I have seen several diluting, wholesale MM's working through NITE, in an attempt to hide dilutive activity. If NITE drops the ask, I suspect we go lower with sells wiping out whatever bid we have left. NITE seemed to be the main seller the last week, and repeated this process many times.
Currently, NITE is at .0004 They loose a large percentage of proceeds per share if they drop from .0004. We will see how desperate they are to sell.
And whether we get a reverse split will tell us if the company has the funds to survive to a deal, or not.
