Much, much lower? Time will tell. It may continue to drift, but I personally don't believe it will go "much, much lower". I received a quick response from Troy to my email and, although it did not contain specific details, it did contain the assurance that the business was progressing according to his plans and previous release. As you will recall, he specifically used the term "blast into operational profitability sometime during this current fiscal year" in the July 17 release.
Given that, we have a choice. We can believe him that he is on target for this goal or we can sell. That is the risk of owning a penny stock. They are all gambles. News can come at anytime, and when it does this will move quickly. Perhaps too quickly to get back in at a previously sold price. I think this one is worth holding...at least through the next run and perhaps much longer.