To answer your question...
On day one, they had ~93mil in the public float. There was 40mil shares traded, some were flippers, some long term holders, lots of new investers; but nonetheless, 40 mil traded. That's darn near half the float, so I am not surprised that with the great news and trading half the float, that it ran 300% from .006 to .025.
However...
Day 2 (today) ~64mil shares traded, and down 52% from .036 to .012...hmmm
if volume was so much higher on day 2, then why did the price plummet? Shouldn't it skyrocket with that kind of volume? like it did on day 1?
what happened?
high volume + sharp price decline = dilution.
they have a 1.23Billion O/S and only 93mil in the float., of course they would dilute into the run on a huge PR. But on day 2, the price couldn't rise, because as soon as people wanted to buy, the company dumps shares. So, no matter the demand, there is an endless supply. So the price stays stagnant, or in our case, plummets, due to too much supply for the demand.
There is a 2 billion A/S, so they can put out up to that amount.
Bottom line, 40 mil on day 1 with 93 mil float caused a 300% run...
64mil on day2 with semi-unlimited float caused a 52% fall...
Not bashing, just presenting the facts, and answering your question. For the record, I think NVMG is great, but the share structure got screwed with the 20-1 FS, IMO...
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