Apple Rush Company Inc (APRU)

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I've always liked this stock, it can move. But I never liked the share structure. Why is the market cap so high? It was holding a penny for a long time with a market cap of nearly 50 million. Most OTC stocks with this little revenue have market caps less than 10 million. The drop to .005 helped, but even though it seems like a cheap price, the market cap is still too high at 35 million. some 15 million shares were returned last year by Livewire, and another 500k recently, but still why is the market cap so high?