stock had a big seller all day today. MM LCFM. he had endless supply of shares most of the day. He wasn't even on bid at all and he is not a retail MM. Looked like dilution to me. He got finished on that volume spike near .03 right before the panic drop to .026. Little bounce to .035 but there wasn't enough buying to keep this up.
Will be interesting to see how this trades next few days but my guess would be lower. Lots of people stuck .03-.045 and down a good amount already. Too much overhang for this to go up much IMO