I agree with your statements related to dilution, I don't think it's too bad at all considering that length of time. And having the management vested is a good thing also.
You motivated me to check my avg cost and with some lucky sells along the way, my overall avg is 36 cents, and while if I look at this chart when I started buying in the 60s, is not unreasonable (I am not kicking myself, yet.) I certainly never thought it would get anywhere near these prices. I did try to buy in the teens a couple times but timing wise simply haven't been able. I would still try if I had free cash I felt I would be willing to devote, but so far my best price is 23 cents which is disappointing. I just can't imagine that this is going to sink into the abyss. I hope you are able to recover, but I wouldn't necessarily wait for it to sink too low as that may never happen, but who am i to say either.