JoeyO i can feel your pain since i've dropped in the red too. but if you look at what happened with AEGY when Asher Enterprises did the convertibles and then dumped the crap out of it until it hit .0005, it doesn't make sense for SKTO to release good news so the 6 parties who converted on May 15th can dump into it. 

therefore the best thing to do is wait until the dump is over, pick up cheap shares, and then wait for the rocket ship just like AEGY went from .0005 to .0055 (a cool 1,000% gain)