Thanks Rim.
I have a number of holdings in the company at different (higher) price levels. A short sharp rally in the price, say up to $1, then I will take some profit and then buy back on a pull back.
Overall I think this is a company that has a great chance to grow exponentially. If it reaches certain important milestones such as customer recognition, bigger deals, 'NASDAQ listing' and it continues it's great news flow, then I am happy to hold 60% of my shares for the long term (5 years +) and trade (play) with the other 40%. In my experience at doing this there is nothing worse than seeing a share go all the way up and then all the way back down again. I've done that and didn't like it.
If I see the company stagnating, or there is some sort of material deteriation in the outlook for the company then I would pull the investment and look for something else regardless of the price. That is certainly not the case at the moment.
By the way, if this does eventually sky rocket then I will buy that Island and open up a bar...