Check out today's trades. There are a lot of those 3 & 4 thousand share trades to cover open MM positions. Very common occurrence.
Example: A MM is showing 50,000 on the ask but has 46,382 in inventory. Sells the 50K and buys his 3,618 from another MM to cover his now open position or to cover the trade.
Happens all the time.
As to silence by the company, it has been my experience over 30+ years at this game that, companies seldom hold silent when they have good news. In fact, many twist a bad situation into a positive one to keep share holders ( both current and prospective ) in a positive mode. A total lack of news means one of two things (not mutually exclusive by the way), the company has no good news and/or a total lack of interest in share holders.
There have been a few positive events for FRFS. Gates Foundation Grant, formation of mLakshmi, and continuing operations. So, why has the company not released any news (even by the website they pay for and maintain)?
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