I agree with you that their are companies out there (like MAXIM) that try to buy these types of companies, at tremendous discounts because the company is desperate for money and have lost all avenues to raise that money. Then they dump the shares for a .15-.20 gain
This does not appear to be that at all.
And what (in the grand scheme of things) has changed long term (or even short term) with the company that has this stock down 30% in less than 3 days.