RE:Re-pricing of the options...Very common to grant loads of cheap options before takeoff. This is how they make real money. They probably received a little warning from the exchange saying that the options were not fair (in the money too quick). They perhaps were not expecting a sp jump in the 0.20+ that quick. I don't see it as bad decision from the management, simply an ajustment to be made. And what about the 1,000,000 warrants which are in the money the ceo just bought? Probably paid a really nice premium to acquire them from the other individual. Are they exercised & sold? no. So what does that tell you?