Pete, sorry for your loss, I do not think this is a "scam" I want to believe it is just horribly managed. Either way unfortunately this thing had entered a death spiral with the only end in site is steady decent to .0001
This stinks but it happens here. We are left with only 3 options,
1. Suck it up as sell now
2. Suck it up and hold while praying for miracle or the deadcat at .0001 and unload in Dec for an offset.
3. Do not go quietly in the night, challenge all the baseless ("big things coming soon") announcements, hold while praying for miracle or the deadcat at .0001 and unload in Dec for an offset.
Personally, I prefer option 3.... My money is already toast. If someone else decides to throw theirs away so be it, but at least they have been warned....
IMHO