Here's Investopedia's definition of wash trading.
'What Does Wash Trading Mean?
An illegal stock trading practice where an investor simultaneously buys and sells shares in a company through two different brokers.
Investopedia explains Wash Trading
This increases the activity in the stock and gives the impression that "big news" is about to come out.'
What I'm referring to is two investors agreeing on a price that's in the open market on a fairly illiquid security, and, exchanging those shares between two parties. Not where they're attempting to give a semblance of market interest and trading between two accounts. I don't believe that that's illegal, anyone can sell to someone else for whatever price they want and, all they're doing finding a buyer or seller at that price. I don't believe that falls under the definition of wash trading.
Fwiw buddy, at the end of the day, you can view all of the trades placed and at what pps they were traded during the day. I do have MEVT on streaming watchlists and, do keep an eye on it but, no, i don't sit and watch the ticker.
All of this is really quite immaterial as I believe that shares are substantially underpriced at .10 or .01. However, I do know, that you did not buy at .01. Perhaps .015 on a pure luck trade if that one wasn't staged, even though, the bid was .014 when the trade went through.
I'm not saying you're an amateur, just saying, if you bought in the open market like you said under .02, I don't recall any major trades that were normal trades. And, honestly, I'm happy for you and I don't care. And, if you did get some of those out of pure luck, congratulations!
We're on the same side of wanting MEVT to go up no reason to care about these trivial things. It's all very immaterial.
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