Well they did try to diversify their way away from solely relying on the IDF for their contracts.

Sometimes you got a decent little business that makes a small but predictable profit and then they get filled with all kinds of glorious expansion ideas.

Clearly they are not up to managing an international business. But making 8c, or 18c, a year selling in Israel wasn't going to cut it forever for a stock trading in an $8 - 12 range. A reasonable PE of 10 or 15 would have valued the stock at one tenth of that. So I can understand their reasons for trying to goose sales and earnings. But now it looks like they've either sunk, or nearly sunk, the company.

Consider yourself lucky. You only bought recently and have at worst a 15% loss. It wouldn't be too painful to move on and forget the whole thing.