The government isn’t likely to “shut it down” just like they don’t “shut down” 99% of OTC scams. Hardly a reason to suggest all is well.
How low it will go? That’s easy 0.0001 unless he does another reverse split before then.
His penny financiers have shown no reluctance to drive it there as the have done in the past. This will merely be the next time in the same cycle...as I said, they make money ALL the way down.
It’s only a question of how long it takes to get there.