Lisa Thompson wrote in her latest report on page 6: Fully diluted shares 86,246,667.
That means 20% of 86,246,667 = 17,249,333 options minus the 8,056,055 that were already available = 9,193,278 additional options that can be assigned to management. (at these ridiculous prices) and on top of this they want the repricing of the current warrants!!!
It seems to me that some insiders will be able to cash in heavily in the future. (if we ever get a fair valuation)