RE:SELL OR HOLD???Let's put it this way. You know each quarter coming is going to be horrible with huge operating losses and running out of money with penny financing to come. And with the high share float eventually a share consolidation. You might as well line this up for an early tax loss assuming you have capital gains elsewhere.
So yes get your tax loss for 2016 and get yourself a steak dinner. Or maybe some good butcher steaks for the barby.