"The Options to be issued to Michael Johnson and/or his nominee...

"The Options to be issued to Michael Johnson and/or his nominee will be on terms substantially similar to the Options to be issued to the shareholders under the Company’s upcoming non-renounceable rights issue"

We wanted management to act and reduce cash burn. They have a list of processes that will include commercial announcements but it's important to follow the right process. The bottom line is still that Rogers, Johnson and alike will only make $$ if the share price heads north, I'm still willing to bet it will and bought more shares yesterday. I'll now await my option allocation :)