I would not be surprised to find that a bunch of those sell orders have been set and forgets, and if the proposal is good and the price rises, that there will be a few hefty sellers who forget to pull those orders.
Be interesting to see how much churn there is between .6 and 1 cent as I think there is a glut of stock purchased at 0.5-0.7 and again .12-.15 cents. If the offer is good enough, could see a bit of speed once we get over those bumps. Guess it depends on how desperate holders are to exit, there are plenty here who have had enough.
CMY Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held