nope this is just expected churning of old shareholders holding the bag with the old CEO, to new shareholders, wanting to see what the New CEO can bring to the table, and where he can take this...
If you were a shareholder that had good money stuck in this for a long time and there was no bid, then all of a sudden you can get out @ 3, which is 300% more than you could get before, most would take it...
if people arent happy here they could always try other triple zero stocks out there there are plenty, that are have the Printing Press on High (see examples below)
Simlatus Corporation
Historical Prices
Date Open High Low Close Volume Adj
Close
2016/05/06 0.00020 0.00020 0.000098 0.00020 775,615,727 0.00020
2016/05/05 0.00020 0.00020 0.00010 0.00020 59,606,734 0.00020
2016/05/04 0.00020 0.00020 0.000098 0.00020 316,653,620 0.00020
2016/05/03 0.00020 0.00020 0.00010 0.00020 300,135,921 0.00020
2016/05/02 0.00030 0.00030 0.00015 0.00020 447,671,384 0.00020
Bassline Productions, Inc. (PL)
Historical Prices
Date Open High Low Close Volume Adj
Close
2016/05/06 0.00020 0.00030 0.00010 0.00020 213,885,723 0.00020
2016/05/05 0.00040 0.00040 0.00020 0.00030 518,653,255 0.00030
2016/05/04 0.00060 0.00060 0.00020 0.00040 784,013,403 0.00040
2016/05/03 0.00050 0.00060 0.00040 0.00060 50,681,264 0.00060
2016/05/02 0.00040 0.00060 0.00030 0.00050 220,736,428 0.00050
2016/04/29 0.00050 0.0013 0.00028 0.00040 550,935,790 0.00040
2016/04/28 0.00045 0.00060 0.00030 0.00050 192,625,538 0.00050
2016/04/27 0.00045 0.00090 0.00030 0.00050 478,086,969 0.00050