Cotton & Western Mining Inc. (CWRN)

[precies]

A fake bid is normally done to pump the stockprice and than sell their shares as high as possible.

Also it is impossible to make a serious bid without knowing the EXACT number of issued shares.
If the outstanding number would be let's say 2 billion, than the offer would be 300 million, but with a number of 4 billion it would be 600 million.

And as far as I know nobody knows the exact number of outstandig stock.