People only average down if they are suckers (like me) or if they really believe that the company will have an higher market value per share than 15 cents in the forseable future.
I just wonder why the company is valued at $8 million? and if it will eventually be worth less (worthless). But then again that is what everyone is asking - how could it be mishandled so poorly. Or do we only see the appearance and the submerged tip of the iceberg will show more reliazable value.