The next few days of trading will tell the tale, imo. Whoever is selling for whatever reason, it is clear that he is hurting himself by selling more than what the daily trading volume will bear without the price going down.
And the obvious reverse of that is --when the seller is through selling, normal buying will bring the price back up with the selling supply gone. I would expect .90 after the selling is gone. The market cap is too low even at that price, imo, but I can understand the market wants to see more from the company.
Now is the time for the company to come out with some news. They are due to file their 10-Q by May 15, so that should be at least some news to expect.
But my experience is that the "unexpected news" is what moves stocks.
GLTU, pilgrim.