Incorrect. The individuals hitting the bid are those individuals that received severely discounted convertible debentures. They are merely converting their stock and selling at impressive gains. Most of these people paid between .000002 - .000006 for their shares (FIVE zero's).
As I previously stated, these individuals need to exit their positions in order for debts to be serviced with the company. A bid (or an increased bid from ZERO to .0001) affords the company the ability to do this, as it's part of their debt reduction plan. Once these note holders are gone, they are gone for good and the CEO has already stated there will be no further dilutive fnancing for the next 12 months and no reverse stock split. So let's allow these wankers to sell at the bid, so that we can move up with little resistance. They will regret selling today and this week.
I just put in an order to purchase 20M more EMJI at .0001 bid
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