Any upside here?

I bought 110000 of these in April 2013, at 0.038.

Been a dog since.

At the AGM on 30/11, approval is sought to issue another 9 million shares/options to the directors.

It seems they have made a lot of poor decisions over the years or other factors beyond control have affected price.

There is another venture underway as per shareholder letter a while ago.

Does anybody have any thoughts on whether this still has any potential and buy more/hold it?