Recent bid activity has probably had nothing to do with Newlead at all...it has happened in the past in this ticker...a few times on the grey market a fun hundred mill shares traded at .0001-.0002 and yet nothing came of it at the time...
To me this recent activity it looked like some group was trying to load it...we will see..pretty risky to load a no news multi billion share OS ticker...so its likely not.
As for the TransAsia case..Newlead was always in terrible shape dating back years and years...surprised it has dragged on so long...I am only interested in how TransAsia intends to collect a cent from them...
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