Sorry to hear it PnnyPncher (and others). I know the feeling. It's awful. Perhaps if you don't need the money for a while you can leave it in. Even as it goes lower, if their PR is legitimate IMO you will be able to get out at at least .0002 down the road, at some point. I have done that with another Welch stock that had less going (presumably) than this.
It's likely to be filling .0001 soon though, at least for a while.
You have to make you own decision however just because the AS was raised does not mean they are going to be sold into the market anytime soon ...
With that said I will tell you that there are a lot of MM's that sold the .0002's they picked up for .0003 and .0004 before revealing the information that there was a raise in the AS ...
This was done on purpose and now ...
They are going to use this information and the bad rap as a means to try to beat shares out coupled with hitting the bid in order to try to get capitulization ...
I will buy .0002 and .0001 if they present themselves but I will never fall for the MM's games ...