anyone know the full story?

Hi,
I just noticed this stock the last couple of days,
I was wondering if anyone's been around with this stock long enough to know the full story,
why its gone from a share price of 2cents (2004) to 0.1c.
the company seems to be shrinking, with reducing revenue and constant net loss, and a pile of sellers and no buyers.
bad management?
any events to be waited for?

any comments would be appreciated,
thanks.