Just to offer an opinion for no particular reason:
The share price may fall to the often mentioned $1.50 but only to trigger Stop Loss but in my opinion would not stay there. Too many would jump to buy at that price. It may have some staying power with no news at about $1.80.
Actually i am waiting for it to drop a bit more so that I can snatch some at these ridiculous prices. I am waiting because am too greedy to buy now and am prepared for the worst OR best if one considers a very low price a great opportunity, for the best.
I do not lament low price right now because I know what this company is worth so am most accomodating to aquire some more shares at these prices, lol.