Over 5 millions shares under SPP to be issued as unlisted,...

Over 5 millions shares under SPP to be issued as unlisted, uninvested option exerscisable at $0.24 per option and expires 8th November 2014. Am I reading it correctly? What happened to the revised option with KPIs? Was it a lie? Is this what we call total corporate/shareholders alignment?

Are we now paying consultancy services in shares? Was this included in the quarterly report under the cost of doing business? It appears to me that we are hiding the actual costs and cash availability by issuing shares instead.
POOR SHAREHOLDER.