The price is being held down so that people that buy shares don't sell.
Hey, if the shares were at $0.02 more people would be selling.
When people buy at $0.008 and the price is at $0.008, most people don't want to sell, they would rather hold, especially if people are saying it will go to $0.10
Again, telling people an event is coming down the pipeline convinces people that they ought to wait and hold their stock.