GMAN...where is the paper coming from then! There are no convertible notes, the issued and outstanding has not increased, etc. You have been consistently negative even well before the CE got lifted.
What is more likely...a pump and dump by the Company (with no means to have paper) or MM shorting. If it was a pump and dump they would have allowed it to get much higher than .018 which is the point it got to after the CE came off...then the volume began. Every time it starts north it gets pounded. That is not a pump and dump...it is shorting by MMS. Period.
In the end, I have been trading for many moons, more than I would like to admit. Also ran my own licensed trading desk even many more moons ago.
This has all the hallmarks of a continued and passed around short among the MM shorting effort. Anytime volume starts huge selling occurs (more than the buying - why would a real seller kill momentum); the difference bt bid and ask is miniscule (today it was .011 by .0113 - are you serious lol!)...I could go on!
Until the company and its management decides to announce (and execute)a market awareness plan of action done on a random basis two to three times a month it will continue.
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