That is market maker games. DAD4X4 explained it right but that is a tactic the MM's use to buy shares from whomever is selling (fundraising from the company I am quit sure). They hold the order, they gettem cheap and sell at .0013 Monday morning. Can't do anything but lose with games like that. JMO, may not have all the details down to an exact science but never the less, pennies are getting worse and worse. If it is not the company, it is the MM.
screen shot and sent to FINRA. Got 2 other tickers FINRA is looking into and getting replies back from FINRA.