First of all, aren't publicly traded companies generally obligated to publicly announce agreements that they have? Otherwise insiders and very savvy investors would have the upper hand.
Secondly, the first run up created a lot of bagholders. In addition, there were a lot of people who bought on the initial spike (October 11) that closed at 0.0027. Oct 11 was a 2B volume day.
So I don't see this press release as a "pump." Rather, there was some volume on the news and then bagholders and disenchanted buyers unloaded.
Either way I still think this is gonna run to pennies. By hook, or by crook!
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