Have to agree with you JPS. Ridiculous number of options at way too easy hurdles. I would have made the spread it like this; 5,000,000 @5c, 5,000,000@ 10c and possibly 10,000,000 @20c. Considering less than 12 months ago they ran to 17.5c, these targets are ludicrous. They have a few hits like last year or announce some alliance with Chinese or major and they'll be 20c in no time and Mr Bowles will be sitting on over $3M for doing what??? Us shareholders should really have a say in these types of decisions because we are just being diluted further.
CEO Appointment, page-4
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