Ann: Issue of options to Directors , page-8

What I like, is that I take it that these guys think the SP will be north of $2 in the not very distant future. And plus, they're gold plating themselves for when the 'change of control' event arrives. It appears a pretty sweet deal for them, however if they vest those options, they still have to pony up the dollars.

It's the 'change of control' event that interests me