I agree that .30 is unrealistic. But 5-10 cents is not unrealistic. Keep in mind that there was massive volume traded and the price held. If that same volume had been traded without the dilution that was happening, the price would've soared.
If this same volume keeps up now that the O/S is not increasing anymore, a significant price increase is not unrealistic. You say "you'll be lucky if it goes as high as .03", but it reached .025 *while the number of shares were being increased at the same time.* With no more share increases, .03 should be no problem.
HTOG has more than tripled in price, despite more dilution and much worse financials.
Also, before the dilution, there was hardly the interest in the stock there is now. Before it, it was trading around 30 - 100,000 shares per day. 30 cents x 100,000 shares is $30,000 traded per day. 2 cents at 60 million is $1,200,000 per day. The fact is there is WAY more dollars being traded now.