Might be Duchess keeping the price down for new issues that they may get under their agreement?
But on the same day we have 30mil issued at .01, (plus options), I presume Mr Andrew Doyle? At least someone is continuing to bankroll the company and must have a pretty good hope that they are going to make a lot of money eventually. They could just as easily buy on market at 20% or 30% less. They are in for the long haul I think.
The downward pressure could easily jump the other way very quickly, so don't despair! (but it might be a while yet). If you've got the cash and are that way inclined, not a bad opportunity to average down if you can get them at .007.
Might be Duchess keeping the price down for new issues that they...
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