$1 Club, page-27077

That is very common the 10% extra dilution. Most plays I am in have done the same thing. They exhausted their capacity with the last raise, so want some extra space for Feb onwards.

Paul Russel doesn't get paid much, so performance options is a no-brainer.

I said earlier that I think the options are too high. $.034 cents is more than 100% SP gains, which although great for us, seems like a high bar. Most companies don't put the bar that high, so I guess you can take it as a positive from a shareholder perspective. If they put the option at .18c I am guessing some of the friendly locals would have jumped on it.