So the second this thing resumes, computerized trading of the big money that WILL be getting out will start firing off and within a blink of an eye, this will be under a dollar. After that the foolish retail longs who have sell orders with their brokers will see their orders start to execute and it will drop a little more. My guess is to around 50 cents. The reason your computerized trade will not execute as fast as the big money's is because you are not a high priority with your broker because you are "small".
Those who do not have sell orders with their brokers who wish to get out should wait a few hours and it might rebound back to around a buck. All just ny humble opinion of course but don't be surprised if it works close to this scenario.
You are following the normal path. However, if there is any positive news the picture could change. It's also very important who gets this news. If I was running the company, I would withhold any news,let the price stay down until it gets delisted, buy all the cheap stock me and my friends could get our hands on, then take it private.