They can bid away all they want, all the way down to a penny.

It's the sellers that need a head shake.  Why in the heck would anyone offer to sell at these low numbers.  Oh right, I almost forgot, the "mystery guy" that's got millions of shares and he intends to keep the sp low by dumping a hundred at a time.

Problem with that plan is it's not going to work forever.  Once this thing takes off, he won't be able to sell his stuff fast enough to hold it down.  Good luck buddy, hope you got deep pockets.