Goosed is referring to the last information circular:

"In the recent years, the price of the Shares has experienced significant volatility given the stage of development of the Company and its position in the technology sector. As a result of this volatility, and the prolonged downturn in stock price in recent years, certain of the outstanding options held by certain insiders of the Company no longer provide adequate incentive to such officers and directors since their original pricing does not reflect the current market reality or likely scenarios for the Share price."