Looks like this week its brought on new 52wk lows for the company. I'm sure there's some selling for tax-loss reasons, but one would think that if this news release was so positive, then people would be buying up 3 cent shares like crazy.
Also see that they are trying to feed off the back of Orbite in this press release. Heck, even if HAO did hit something big, Orbite has its own clay reserves that'll last them for years. So it's not like they'd be paying a premium for anything HAO might have to offer.