Let me also add that penny stocks are suspect and news about them are often seen as "pump and dump" info. Let us remember Sustainable Power corp.
Also, many people cannot but penny stocks. My stockbroker told me he is prohibited from buying penny stocks or suggesting to his clients that they buy them, no matter what the news is about them.
Mostly I see it as a buy for us who know...and it will rise in price the closer we get to the trial date...or rumor of an out of court settlement starts to circulate.
This is a money maker at $.30/share if you buy now and are willing to wait...