People saying this is a pump are basing it on recent history. Earlier this year you would see people posting charts hyping up this stock and 2 or 3 days later Oxis would post an 8-k reporting that they had converted debt into stock which diluted the stock value for the shareholders at the time. These pumps drew in new investors at the $.20 level and the stock quickly came crashing back down to $.01. This stock is still down 98% where it was after the last stock split and is right around where it started the year.
I think it is understandable that people are skeptical of this stock and they still have a lot of convertible debt that they can't pay down until they authorize more shares which will further dilute current shareholders
In the end this is a pink sheet, and pink sheets carry heavy risk.
All of this is my own opinion only please do your own research.
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