"Disclosure, I sold my position yesterday and have a net loss on this stock."
If it plays out like YLO, you did the right thing.
If the divi is eventually eliminated, I expect a share price of about $2.00, similar to ARF (another dog (!) that caught me)
Those big bids that gwplant mentioned, I believe they are shorts trying to cover at a set price. Is there a way to tell whether a bid is a long or just a short trying to cover?
One thing that is optimistic is the insider buy. This is different from YLO, where the CFO was selling which is an obvious red flag. IIRC, they made an excuse at the time like he needed the money for something else.