I did not imply you were wrong, I simply asked why you thought the share price was being manipulated. Unfortunately, the OTC not being an exchange, the rules regarding stop-loss order entry are likely looser. That is one thing investors should know about the OTC, it is not an exchange, and it is not recognized as an exchange. On a regulated exchange, stop-loss orders are held in a blind book until the stop is hit at which time the order is seen. If you feel there is something untoward going on (and this is more common than not) you can file a complaint with FINRA here or in Canada you can complain to the principal regulator, which in the case of Else is the British Columbia Securities Commission. In Canada if the exchanges alert system is triggered, potentially indicating a breach of trading rules, they take the tapes and submit them to the principal regulator.
The short interest on the OTC is not significant at this time but the order book has not been updated recently so a larger short position may be indicated. Remember, MM's are traders too, and if they feel a stock has overreached itself price-wise, either up or down, they will take a position. Low volume stocks are similar to NYSE stocks in the old days with the specialist running the stock being able to set the bid and the ask and can move the price up or down at will, but with electronic trading, that has become more difficult. Else is going to trade on sentiment until they release their audited financials, MD&A in Canada. All I found on SEDAR are the unaudited interims.
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