Jimtash, It took MONTHS for the lenders to finally move up the ask from .0001 to .0002. Why?
Well, there are 5 note holders involved in the 2011 financing. They are all independent. In addition, there are Alpha and Whale from the 2010 financing so you have up to 7 sellers all getting their shares at a 58% discount to market so which seller is going to move up to the .0003 ask and let one of the lenders continue to sell at .0002 and take all the sales.
Do you finally understand? They all use computer trading programs.
I have never shorted nor intend to have any financial interest in this stock. I am not connected with anyone who trades, shorts or has financial interests in this stock. I only post facts and my opinions. I do not post on IHUB with different aliases.