Correct me if I'm wrong because I've never dealt with options:
The options have an exercise price of $0.04 - that effectively means they will cost us $0.0401 each, around the current share price, so nowhere near a 20,000% gain.
The only way you can base the options at the $0.0001 price is if you predict what you would be able to sell them for on the market, and assuming you would rather than exercising them - correct?
Based on where this company could go, I'd suggest 99% of options holders will exercise them in 2019