Hi bugs,
I respect your experience and "sense" of what is happening in the market - you seem to be able to grasp more from just looking at numbers and trading patterns than most of us. However, there could be other explanations I think for the selling....for example, this stock which was expected to run up to .20 in a hurry hasn't done that, so I think it is possible that some who got in low (around .014) might now be thinking they should sell while they can still make a decent profit. The volumes aren't that high that this wouldn't be a possibility.
I don't think they are making a smart move when they sell this low, but each person makes their own decisions on that....
Lion