You are not stuck, simply sell and you are out, it really is that simple.
Companies are only as good as the management, if you have lost belief in them, then why hold?
Don't let your own ego and emotion dictate your decision, cop the loss and move on.
How will you feel trying to sell out at 3c in a week's time?
The SP is in a clear downtrend and has been since the teens.
Not telling you how to play, but don't hold it just because you cant handle the loss, it can always get worse before it gets better, and will IMO.
You can always buy in again IF some news changes your view of management.
IOT Price at posting:
7.8¢ Sentiment: None Disclosure: Not Held