Exactly - the last PR says that more news is coming and even says what the news is related to, just without specifics.
These low floaters are very volatile while they get going, because so little of the float is actually tied up initially. Once the float is in more solid hands, we will form bases at higher levels, the spread tightens and the stock begins a more normal trading pattern.
I can thank the volatility for my .0007's (not many available down there, although Hawk got some too), because my first buy earlier in the year was at .002 thanks to DOMS, who is not bidding visibly at the moment.
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