diff --git a/ChangeLog.markdown b/ChangeLog.markdown
index 1f5b143..93779d8 100644
--- a/ChangeLog.markdown
+++ b/ChangeLog.markdown
@@ -1,9 +1,16 @@
-# 3.0.0
+# 0.4.0
+
+ * `homesick clone` can now take a path to a directory on the filesystem, which will be symlinked into place
+ * `homesick clone` now tries to `git submodule init` and `git submodule update` if git submodules are defined for a cloned repo
+ * Fixed missing dependency on thor and others
+ * Use HOME environment variable for where to store files, instead of assuming ~
+
+# 0.3.0
 
  * Renamed 'link' to 'symlink'
  * Fixed conflict resolution when symlink destination exists and is a normal file
 
-# 2.0.0
+# 0.2.0
 
  * Better support for recognizing git urls (thanks jacobat!)
 	 * if it looks like a github user/repo, do that
diff --git a/Rakefile b/Rakefile
index 3815209..1a3a3d8 100644
--- a/Rakefile
+++ b/Rakefile
@@ -22,7 +22,7 @@ Jeweler::Tasks.new do |gem|
   gem.email = "josh@technicalpickles.com"
   gem.homepage = "http://github.com/technicalpickles/homesick"
   gem.authors = ["Joshua Nichols"]
-  gem.version = "0.3.0"
+  gem.version = "0.4.0"
   # Have dependencies? Add them to Gemfile
 
   # gem is a Gem::Specification... see http://www.rubygems.org/read/chapter/20 for additional settings