I had previously lost confidence but what company issues options...

I had previously lost confidence but what company issues options exercisable in 12 months at the same price issued today?
Says to me - no good results for 12 months
- no interest from " big pharmas"
- no deals / partnerships for 12 months
I couldn't stomach going to the last AGM to hear the annual regurgitation of " a deal with a large pharma is just around the corner"
The current management has had a few years to produce -------- something.
My position is that I would have been better off if Jones and Co had remained in charge for I would not have added to my holding.
For those attending the next AGM ask some hard questions, don't accept double speak, equivocation and ambiguity for you should be sick of that.