SSV - "But the big one is IK being allocated 1 mil options Expire 12/2013 exercisable at 25c per share."
Well, that's another reason to give our listed options a hiding ( meaning get'em until your money runs out)exercisable at 7.5c 1/12/2013.
So, if you have to pay an average of say 10c, all up 17.5c you are on a winner - well I hope that will be the case.