Interesting question. The reality is that even though there is a willing seller, there is a buyer/buyers picking up shares. The seller is just willing to give shares at the buyers bid. I am more interested in the buyer than the seller. This is due to a combo of the long silence and no 15c2-11 filed and approved yet so that EGYF can only trade on an unsolicited basis only. For now. May go lower still, or not. No way to know for sure.
I don't get who (and there is no-one with newly issued shares or with restricted turning unrestricted shares; see SS) is willing to sell these huge chunks THAT low....but, notice that even that seller does NOT dump at any bid BUT rather keeps the price around 1 cent. There was a little paint for a few cents to 0.0092 but the big seller did not bite. I am waiting for days in anticipation of having my bids filled (0088) by Mr. Giveaway. Not working LOL.
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