RE:RE:RE:I WonderThe $.02 shares purchased during the first PP in February were available to trade as of June. One can be almost certain these are not the shares being thrown at the $.01 Bids. In fact, as some of these and ALL of the first tranche of the second PP were purchased by insiders or associates (6) of insiders it is highly unlikely they'd now be selling these shares at a 50% discount.
As for the trap, imho these shares are being sold by gamblers (your word), who are then taking that money and trying to double their return by throwing that money into the $.005 Bids. That's a risky long shot as the company has stated they have enough money to "keep the lights on" for another 12 months. While not impossible, the metrics suggest that with even mediocre contracts plus clinics revenue the sp is unlikely to get to a $.005 Ask anytime soon.
We'll know better and soon enough should Q1 financials be released in 3 weeks or so as expected.