ACRA always displayed a large offer (for months) of 500k, but it was never the best offer. Somehow they are getting away with displaying only a "50" or 50 hundreds (5,000)
I'm assuming an 8k is on the way telling us peons another another round of share financing was completed. When that happened back in march just before the late 10k was released telling us we'd been had, sellers unloaded in the .03 to .05 range and then used the raised cash to do another round of investing at .025, lol.
Yes its restricted share private placements, but as those restrictions lift its perfect timing to sell and re-up.
What I don't get is how they are making any money selling at .0225 but what do I know. With the pps this low it means the next round they will be getting cheaper shares and more of them. So maybe that's why they are putting the stock on sale.
50 = 5,000 500 = 50,000 5000 = 500,000
Notice ARCA's 500k offer this morning after he gave me a 22,750 partial and threw me on the bid (I only added 45k this morning)