Hi mikiFair enough. I too, take your points. It's pretty obvious...

Hi miki

Fair enough. I too, take your points. It's pretty obvious we'll never agree on several aspects of vil but it's always good to get another perspective.
What I meant about the director's options was, that even if I was offered the same deal as the directors proposed for themselves (and ultimately achieved) "I wouldn't touch them with a barge pole". That being said, I believe the SH's should have been given the opportunity of buying options with the conditions as the directors. eg. lower strike price. It's all about rewarding the SH's before allowing the director's to put their snouts in the trough.

I agree regarding averaging down but.... there is a very great difference between averaging down and grabbing at a falling knife. My average is sitting on 2.6 cents (still sitting on a 60% loss). I decided some time ago that the lack of information and the questionable decisions of the directors made it impossible for me to risk anymore cash on vil.
At 25 million shares you're way more ballsie than me.
I hope your optimism pays off.