I'll bet the last few days were an MM scam of a high order, and here's how I think it went down:
The MMs knew this filing was coming, and may or may not have bought alot at .04. They rocket the price up, short selling all the way into the wave and raking in a bunch of new buyers, causing the price to go even higher due to demand. And now the news comes out and the world dumps, and the MMs just made a ton of money on the cover.
IMO
"A one that is not cold is scarcely a one at all" --Strongbad