Not sure if you really don't understand this or just not willing to acknowledge the sad truth, but based on the last 20 trading days a toxic note holder could convert into shares today at .0015, 50% of the low on 10/11/2016. Even if he had to sell far below the current bid of .006, any stock sold at .003 or higher would make for a 100% or higher gain. The current bid of .006 is down 25% from yesterday's .008 but toxic shares sold at that bid would show a 300% profit even on a down day. The volatility in a single trading session you seem focused on is meaningless.
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