I don't get it. Who profits from a 1000 share trade at $0.04? That's a $40 gross trade...minus the cheapest commissions, nets about $32.
Yet, the company loses 19% of its marketcap on that same $32 trade, and does nothing about it.
starting to wish I could sell this and put the money into mmtc...they just cancelled their equity line with duchess because they got funding from investors. When is that going to happen here....I feel like never......
5/29/2012 - 150 share sell at $0.04. Gross proceeds = $6; net proceeds minus cheapest commissions available = (- $1).
Somebody is actually paying money to divest their holdings? I don't think so. Pure manipulation. Meanwhile, on a $6 trade, the company loses 20% of its marketcap, and does/says nothing about it.