This stock is dead and being manipulated with small trades. Its a house of cards, just like i warned on the past several tickers these liars drove into the ground.
They are going to unload millions of shares. Can this buy volume sustain the price?... News wont do jack as we just witnessed. This price range is dead in pennyland, for a stock like this. You have to organically increase to these levels to have meaning/support.
This is why penny stocks usually drift back to the lows after an RS. They drop until traders get interested... No one is going to buy this heavily, with such a big spread and high price imo
...and its obvious thats its about to be mass diluted, all over again... There are far better places to invest