1) raising funds at .05 is harder than at .25 a share or .50 a share and legitimate current investors will eventually not put up with the dilution and increases in the float - I believe funding will dry up sooner than later
2) you have to question whether the technology is legit if you are willing to conclude staff is solely in it for their own self-enrichment - if the product actually worked and could be sold Bigger would be all over taking additional equity stake and less salary. Period!
3) no other place is going to pay a former soldier with no degree 300K+ a year