RE:RE:RE:RE:RE:RE:ANON unloading today................While I've often echoed your "wash/rinse/repeat" mantra regarding management, GG, I think I have to go with EZ on this one...
The stock has clearly stabilized around .06. Now if you were a flipper who could buy at .055 to .06, and sell at .06 to .065 every few days and make $650-$1300 on the example of 130,000 shares you mentioned, why wouldn't you?
There may be many reasons why people are selling -- they may have bought between .015-.055 and didn't get out when the stock was north of .09-.10, and are tired of waiting; regardless of purchase price, they may be trying to get out with what they can because they (rightfully) don't trust management; they're worried about a consolidation hurting their profit-making ability; they're worried about further significant dilution; they're a flipper; etc...
Likewise there are a lot of buyers who: have had their interest piqued by the recent results, and feel the stock has bottomed; are awaiting the 14oz zone results; are averaging down so they can get out with a slight bump; are flippers; etc...
Everyone just seems to be waiting at this point, and there appears to be a stand-off...