There was no reason for the spike in price and based on the low volume. I agree with your line of thinking.
This was an Astrom shell and I've never thought much of it.
I've watched it only because of who started the shell. He was a case study/hobby study for a long time.
The biofart never was a viable working product and the PR's this year were just for pumping....IMHO
Will there be one last good run?....who knows, but I doubt it.
I'm expecting the usual out of it.....sell the shell, RS and name change. My guess is in the next 6-9 months.
I expect nothing from Dawson Creek, the oil deal or anything else.
The whole thing looks to me like a failed attempt at a P+D.
Good luck.