Absolutely spot on. Management obviously have something in the pipeline, and anything at all is going to do something for a SP of .001/.002.
All of these buys at .002 are either:
- people buying and preempting something happening soon; or
- insiders buying knowing something happening soon; or
- DDC selling to themselves to stop the price running away and getting further away from a .001 T/O than they already are.
Either way if there is something on foot it's a no brainer to snap these shares up at .002 - when $2,000 buys a million heads its pretty low risk. And a few million heads at any sort of SP greater than .002 is nothing to sneeze at.
Ann: On Market Takeover Bid by DDC, page-26
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Mkt cap ! $15.46M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1862999 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 608970 | 2 |
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