Did you actually read the entire Q or did you just smell it? ;)
If it wasn't for the calculated, predictable pumps that comes just around pay-day and the associated bait (I meant news) that attracts new buyers, this stock would be at 0.001 IMO.
With that said, it will not get down to those low levels because the company figured that with every $20K of pumping, they are able to meet $100K of salaries and expenses, so, it's a nice formula and they will stick with it until they figure our sales, which they won't because that has to do with what management is good at and they are not good at running this type of company.
Don't be surprised if there is yet another CEO to be announced in the next 2-3 months after the merger fails. IMHO.
GTLA!