options exercisable at .0213 now, page-4

You say 'If the options get cashed in then the company doesnt have to use other means to find funds which will hurt the existing holders eg restructure + issue.
....the directors and friends are the biggest share holders and will therefore do all they can to get the price up'

Any issue of shares whether exercise options or issue has the same result, a dilution of ones shares, so I dont think that is right. Agree with the director bit if they in fact do hold most of the options.

Cheers