Insanely risky entry point IMHO. While it's true the small float will have an impact on the price, there's likely to be a time effect. All those currently able to sell can decide they won't take less than $10/share (still over a billion dollar market cap), but then you'll just see few shares trade. As the restriction period ends, a huge number of shares will flood the market. And those shares will have cost between 3 cents and 80 cents.
It's not even trading on air and promises, it's trading on hype and misunderstanding, IMHO.
The only thing necessary for the triumph of evil is for good men to do nothing.
EDMUND BURKE (and others)