Pretty much what I was going to suggest to waterboy also, just classic pump/dump, and per the AMF doc done via a moderately extended coordinated group of individuals.
Also, if this is in fact what is/was happening here, then I would wager the plan was to end up with a bang via a scam buy-out ploy as was used with SPPH and another company I was read of earlier today, apparently by the same crew, iirc Patriot Energy. It seemed like Wanderport would be a prime candidate for buyout rumor mongering, so one could imagine just keeping things afloat until then might be satisfying enough.