They Could Do That.
50x. 100x. I actually agree with you that this could see .02-.05, pretty easily in fact.
That, however, is once it starts moving. To move the share price, the company has to do something it has never done in its history - make money.
On top of that, they have to get rid of Ironridge (if they are indeed gone).
If those two things happen, this goes parabolic. As I said, however, history is against it until proven otherwise.