I ASSUME. The ask will initially be priced about what people are WILLING to pay. With buyers out there at .10 I think we see .11+ on the ask side--- If an MM comes on shortly. If not I beleive we see a gradual climb before hand.
I hope that person selling at .07 realizes that he/she can get more soon. Doesnt make any sense to sell a stock 33% less then what you can sell it for. Todamoon!!!!!!!!!!