punters getting 'reamed', page-25

Hi Cyberio,

Please excuse my ignorance here, but:
1)
EPR stands for what?
2)
If most shareholders can see MUL having a value of 50c per share (or more), then why is it that the Directors felt compelled late last year to issue (then) "in the money" options, exercisable @8.75c (55M Options) and @10.5c (35M Options) through to 2008? 90M options in all were issued, with a 5 year exercise window, but with no challenge in the exericse price hurdle rate.
3)
With 1.14BN shares on issue, 150M "near /in" the money Options and 70M convertible shares, the actual diluted (and properly calculated) share capital is 1.36BN.
4)
Speeding tickets are not as common as you would otherwise make out. MUL's speeding ticket was the first that it received since before 2000. This reflects increased surveillance. Otherwise, why not speeding tickets for last years 800% rise?
5)
In none of the share /option issues of 2003 did the Company ever impose an upward price hurdle (ie: setting a price above the then prevailing share price). Why not?