I hate to say it, but this is the definition of a bagholder. I hope this serves as a good lesson in pennies (trust me, i've had a few in the beginning to serve as lessons also).
I know this sounds horrible at this point, but there really is no end to this free fall in sight. Best case scenario, it rests around next support of .085-.09 from what I see. However, in pennies where a stock is pumped like this was has been, those things usually mean nothing (since the support and resistance lines were those that created by pumps).
With this said, I personally would sell. I've learned the hard way about the reality of pennies and have also learned to be extra precautious about pumps (don't necessarily like them, but I will make $ off of them if I foresee the pump). One of the worse things I could have done before was to listen to "wishful thinkers" on forums like this.
Reality is, this penny was pumped, will be pumped, it now has dumped (being diluted to cash in by the "company") and the free fall will continue.
I would cash out, take the loss, put whatever remains in another stock that is more viable (remember, pennies are short-term). Hope this bit of info helps.
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