Lebowski,
If you bought at $0.22 I am curious to know why you don't just sell. I am asking to know, in earnest. Sure it was a horrible investment and you've missed out on a few years of compound growth but is it really worth your time and stress? Assuming you didn't average up, or even if you did, why not just sell? I posted stocks in Off Topic that I won't mention here but there are companies out there that are faster moving with tangible actions.
PS, I am in the exact position. Investor with my own case of the sunk cost fallacy but I have to deal with that on my own.