i'm in several days before because it looked like someone was accumulating. but the trend here these 3 or 4 days is just disappointing. and this "someone" seemed to run out of money as you mentioned.
according to my experiences in pinky land, if this stock won't turn round quickly, .05 is imaginable.
whether this stock would be traded @.4 or more in several months, is for me another story. i'm just here for short round.
those projects take time and are too risky. i've seen projects with more extrodinary numbers and rich arabic princes involved and tured out nothing.