phoenix: Good question. Market makers have a legal obligation to buy the shares. Better question is why would an investor 'in the know' buy shares in NeoMedia. I think the answer is take out a sucker willing to buy it at .0002. Transfer of money to smart money from dumb money. NeoMedia's history has always been about day trading. At .0001, you can't say it was ever an investment.
What I don't understand is why market makers sign up with NeoMedia. This is not going to go well. I watched as FINRA shut down Soon-Shiong's KEYO and the market makers took on 100s of millions of shares in the last few hours. Of course, none of it cleared, but certainly the MMs were 'in the know.'
Having a market maker, having trading, is not the sign of a good investment.
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