@80s ....if you are in at 0.33 take profits in the next bounce if it happens at all ....i think its one of the typical china fraud stocks like BFAR, CHBT.....jst play the bounce....do not get caught holding or at least leave a stop order in place. About the due diligence u did...it really does not matter when you are dealing with pennystocks....even nasdaqs with such less volume(ABAT did not have much volume before it was delisted) are pennystocks
if you are into shorting china frauds refer Muddywatersresearch website...if your stock shows up on their website...then its going to pennies for sure ...except some like their last one FMCN it kinda did not stick but its headed lower none the less ..but its mainly abt how early you are to the party on the shortside
G luck