I've watched this stock trade for two weeks now and you are 100% correct with your assumption This stock is being illegally manipulated on a daily basis by three of the large holders. Its almost at my buy in point where I will take a sizeable position as I believe this should be trading at a much higher PPS. It would also help if the company gave an update on operations to date as I believe that would go a long way to break to downtrend in the share price.