Not really................Most who owned SMMW/PRRM bought in at .0001 and there never was a spot to average down. When new ownership took over, the RS happened and the dilution started again.
If you had invested in SMMW and bought 10m shares ($1000), you now have aprox 1200 shares of XMDC worth 96 cents. If you've been buying more XMDC shares to average down....your losses are greater.
I'd call this a typical pinkie, but most pinks run and give the stucks a chance to get out with some money. This one never has had a decent run with volume as management always seems to dilute into news.
All IMHO based on the available facts.