Goodness Cassie, how very strange!! That second picture of her teats shows that they have separatd even if there is little filling. But mushy poos and grumpy behaviour plus that milk test on any mare WITH a bag, would mean a foal soon!!
If she is in foal then she cant go much longer without producing it, so hang in there for now. Never had a mare with a false pregnancy so no idea how far they go with the foaling 'proceedure'. But it is just possible that Penny could foal with no bag and then fill up during/soon after foaling, so keep a very close eye on her and dont forget, if she shows signs of foaling, get right in there with her FROM THE START! Dont wait to see how she is doing - sit quietly in the corner until she is down and starting to push then go and check that she has two little feet coming and feel carefully up inside for a little nose, then you will know you/she is good to go. No use waiting for two legs to appear only to find there is no nose!!
Really hoping there IS a little baby on the way - for you and for Penny - fingers are crossed!!