The MM's brought this as low as they could as long as they knew or could see on Level II stock was there for the taking. Whether they were stop losses or it was just utilizing the intimidation factor, dropping the Bid so low to entice small investors to get out with at least a few bucks left of their investment. Some people could not afford to hold any longer with the thought of it actually going down and out and possibly under. Tax selling is coming up and holidays, loss of work, and just needing cash. Once they hit the new low, and knowing the trial results were in range, it has down a 360. Notice action has now been at the ask and has done a double in the last 10 days or so. McCullough’s last few piddly buys were bought down approaching the new yearly low. Since hitting $.36 just this month, it has been approaching a double on the upside. They cleaned out any sellers and it looks like it should be now be close to a ready for a steady run. Good news that is expected, and with some well placed PR, could get the SP to do a few more quick doubles to the upside. This low float, along with 38% insider ownership, some motivated market makers with a new mindset could power shift the stock to tolerable levels again. Such a low float since the reverse split would make this quite easy to do. If it does, I would hope it would be sustainable and the MM's would have bottom fished for the last time at those new recent yearly lows.
Time will tell, and hopefully this year.
