Whoever is selling shares is turning worthless script into real cash.
Herzog has issued millions of shares/warrants to himself, Sohail and their families. I have no evidence HH/SP are selling since they dumped most of their holdings in 2010. The trading looks like wash trades and tape paints. No accumulation seen of the type one would expect if someone had knowledge that BGMO was something more than empty shell.
Hard for BGMO to dance away from its repeated and highly visible defaults on VSTA Share Purchase Agreement.