Your math is right, but it seems to me you arent factoring in the investor aspect.
So FHH Sino buys 60% of the shares automatically taking us to .0054. Your leaving out the uncontrollable and unforseeable volume brought on by R/M news.
IMO, if this R/M gets the the attention and thus the volume it deserves we could easily see pennies. Im just not sure that day will be tomorrow, but we'll see soon enough I guess.