IMO, we shouldn,t even be having this discussion.

We voted last year to allow management to have these, they are only doing what we approved for them to do. Not all of these are going to management, these are pay for our pr,employees etc.

I guess I should have been blunt in my other posts concerning this.

I will be now.

The end is probably getting near or a bid is expected soon. This could very well be the last chance management will get to grant any options at these prices. If an offer comes real soon for lets say $30, the sp will go there to $30. Management only has to sell 200k of stock to be able to buy all these and cash up our kitty with $6 mil more to carry us through to the end without wasting time on a PP or trying to get financing in a hurry should we need to drill agressively. This is the mechanism that will give us cash the quickest and will be the most beneficial for all shareholders because these shares will be also going into safe hands!