The consistently low volume and sub-penny action tell the current story as the market sees it. Bid is .0085 while only 15,000 shares have traded today. This stock was .14 in May 2008.
Is it not obvious in the chart that Accumulation is falling off? These are tough times for all stocks and oil dipped under fifty bucks intraday during today's session. Why wasn't something of note accomplished when oil was at $147?
HMGP production numbers and financials not available, debt free status notwithstanding.