It's always a combination of events.... but it was tragic because of numerous parties collective or separate.. not having in mind what's best for shareholders.
I would key in on: Sitoa Global Accepts Offer Letter to Explore Strategic Acquisition 8:00a ET February 19, 2013 (PR NewsWire)
and see what happens in the next few months.
I don't see dilution I see manipulation, nonetheless no one should load up on any micro-play.
Remember this one like all stocks had a great run .006 to .0065