Ann: Chairmans Letter and Notice of Meeting, page-53

I suspect the share and options were offered at the price of the time, not 6-12 months later as it is now... I also suspect people would not have signed on to the mess the company was in without and I also suspect the creditors at the time would have demanded their money instead of taking the shares at the price they were then... so be careful what you wish for.... Im off this site for awhile as the views are very different to mine, so Im going fishing for a bit...