I made note of the following, but didnt get to process it until now. While trading down to 0.05, the spread between bid/ask got really tight -- if memory serves, it was 0.05/0.051.

In the time span that it took for the sequence of trades that drove the share price to 0.05, are we to believe that the seller (0.051 on the ask) seriously cared about the dollar value of 0.001? Lets say all 200k shares traded at 0.05...that's $200.