" And my only comfort is that your 3 million options at48 cents are so far underwater they are probably not going to see the light of day. "

I think this comment by Melissa is the best I've ever heard in my 46 years of investing. Sadly, I have many times seen a re-evalueation done on the pricing of options by management so they do not lose out when looting a company. They'll just move a motion to price these options at 25 or 30 cents.