It seems to me that a new options plan should not be approved unless we know how this situation gets resolved.

I'll take it one step further. Some of the legal beagles on the board have stated that it is totally up to management as to how they spend any award from international arbitration. I want management to spell out EXACTLY how shareholders stand with respect to how we will share in the proceeds of any arbitration settlement.

I really have to stop thinking so much. I have stood behind managements decisions because I believe they want to make money as much as I do. The making of money might be the reason we haven't done a deal yet.

After reading the posts about the option plan, I started to hypothisize that if Kry had a deal in place that would give shareholders stock in a major or stock and cash from a major how would management profit if the price was around $2-$3 dollars per share which I think most here would be happy to take just to get out of VZ. Most of the options currently held by management are averaged in the high $2 range. The number of actual shares held by management is very low.

The only way they could make some real money would be to get more options issued at a much lower strike price like .30. Kry can't issue these options at present because there is no plan in place currently. I wonder if we would have had a deal already had management be given options last year at the suggested price of .90 an option?

If any of this is true, then I would have to guess that on approval of this years option plan management will receive 8 million options and we will be told shortly after that KRY has entered into an agreement to sell the company upon shareholder approval. I would say approve the dam options and get the deal out in public ASAP.

Remember this is just an old man over thinking everything.