Let's be realistic. This is still a very small company (More or less $60,000,000 annual revenue), it carries an enormous accumulated loss and it's still has a long way to go before it generates profit.
Following the recent acquisition, we have (the equivalent of) more or less 110,000,000,000 O/S. At current PPS (let's say $0.0008) this does represent a capitalization of about 9$90,000,000.
The company as we now know it isn't worth (fundamentally) that much in my opinion... far from that.
The management will soon have to focus on getting new sales, larger revenues and show some kind of net profit at the bottom line.
This being said, it remains an interesting LONG TERM investment to hold. However one shall be patient, not freeze more money than necessary in this stock and accept that somehow, if the alluded issues become resolved, current level of O/S will remain a problem (i.e. real investor will stay away from it).