My guess is that support would be in the .01 range. If it drifts below that then I would say there is no bottom in place until some supporting financial numbers are put in place.
Perhaps some more definitive news could put a temporary floor under this but I would guess that news would have to be significant and definite.
But, I just look at the technical side of things and we all know that penny stocks can move either way for no reason at all.
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