$0.0016 is an estimated price point of where the golden cross may start from. It could be lower if the S-1 takes a bit longer and the 200DMA moves lower.
Once the golden cross is in place, traders typically expect a major rally to occur.
The only reason for a major rally is updates from $IGPK, which can only happen with corporate updates. Hence the general correlation between the S-1 effective date and the golden cross.
Worth reading up on death crosses and golden crosses.