This is a small volume stock. Small stock prices are controlled by a hedge fund with a market maker. The hedge fund will put in a 100 share buy and sell order at say .15 below the ask price.
The trade goes through, and the market maker drops the ask to match the sale price, and puts the bid a few cents below the sale price. A few shareholders see this action, and start to sell, which helps to start a sell off. The hedge fund and market maker create upward movement by buying/selling shares above the ask price.