Technically I'm pretty confident here Domum.
Proof will be, as I see it a retest of $0.15 over next few days, and then, when placement hits market around May 7 an intraday low of $0.125.
Assuming institutional investors are not interested in a 1 cent profit, it will only be a few $5000 lots trying to make a stag.
I think it is then that the big volume buyers will provide the necessary support - as we saw the day the whole thing was announced