Good question.
You'd think a trader would want to pick up some shares at the bid of $.0003 with the hope of selling at the ask of $.0004, because the bid and ask for this stock have not moved much at all. But there appears to be a buyer with deep pockets buying a large number of shares at the ask. If they think they can buy enough shares to wrest control away from Bruce Perlowin, they better think again. With all of the series of preferred shares that have been issued, Bruce surely has firm control and has made such a goal to be a futile effort.
Without this buyer who has deep pockets buying at the ask, this stock would quickly sink into oblivion !
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