Why the hurry? The threats to sell. Its immature. So what if we wait? It seems we are in a dark period, when all is done, then the announcements come. The company controls releases, not when you or I want them. Just chill, thats all.
Only MM can trade under .0001 and they can do this on any stock. If you do a Market Order sell with bid at .0001 or "no bid", it might sell for less than .0001.
I was curious about the same thing. Would be great have have more than 4 decimals. However, it could go on infinitely like that and there would be no stopping point to loss. .0001 to me is the bottom of the barrel.
Imagine a million shares for $10.
Another board I'm on got into this topic and it might only be brokerages/market makers that have that ability.
It was mentioned that they might be internal signals between brokers.