They can play this game for a very long time, this could easily go in the sub pennies level for a while. Like I said before, I would expect very little objectivity from this board in regard to the company. The Market is speaking loud and clear about the confidence it has.
Everything is all good in MVTG land as long as you don't believe in reality. They are under $1 million market cap as a company. Shows really how much the patents are valued. Something has gone terribly wrong and this smells like panic and dilution. Why do you think you never got more details on the grant?