OK, I've read this now, and since you seemed to want a response, here is one:
#1 - this is your interpretation, we have no idea who has been buying, nor why

#2 - your information is outdated. According to the info circ, there are 109.655 million shares outstanding currently, and 10% of that would be 1,096,562.

Now whether or not Granger needs more options is questionable, he's been there since mid-2010 and he has already 1,050,000 options. I don't know if those are vested or how long they are outstanding after leaving, don't have the details of those grants - if they are in fact cancelled now, that amount would be added back to the option pool. If they're not cancelled, he still has 1,050,000 options. Let's compare that to Peter, who has been there since at '97 anyways, who has 1,630,000 options. This would work out to the equivalent of Granger at 500,000 options per year and Peter at 100,000. And let's revisit compensation: Granger, who was Chairman of the Board, a very part-time position, was compensated $82,000 in 2012, compared to Peter, with a very full-time position, at $162,000. The numbers speak for themselves.

#3 - Can't comment on this one, don't have the facts.