I took a polite exit and sold, I only lost transaction fees.
Sadly, I think we all know what is next. They will do a massive R/S and raise the A/S exponentially. In turn they will dilute hand over fist causing the PPS to drop way below current levels.
Looking at the new CEO's history was enough for me. His recent claim to fame is running a penny stock newsletter, and before that a scammy failed beverage company. There is probably no intention here to restart production, just sell shares.