Looks like a case of the sell on the dilution news. If they do proceed with it, I think it will be good overall as hopefully this trades more often and with higher volume. Of course the chance is always there that afterwards this trades in the 1-2 cent range because of it. However, continued growing revenues should counteract that, assuming it continues. The biggest problem, however, is that new investors won't trust the numbers as they aren't officially reported. Assuming you believe the PR though, and I do, it does seem they are doing as good as they can.