does anyone have a view on these options to be voted on?My first...

does anyone have a view on these options to be voted on?

My first reading of this is,the original 5m options granted to Dubois with strike prices varying from 80c to $1.50 will become dormant in as much as he has undertaken not to excercise them.

he then gets 8m with strike prices no greater then 61% above the VWAP for the 5 days preceding granting of the options.

i must be reading this incorrectly as now he gets 8m at no GREATER strike price then 60% above its almost current level or lets say at no more then 20c.

i would like to canvass some other opinions on my reading of this.....because on the surface Dubois will be laughing in getting these new options at such a discount to his previous ones.