Warrant's and Options Warrants and Options as of December 16, 2011
Warrants: 3,573,064 @
.576 weighted average
Options: 2,975,000 @
.45 weighted average.
Common Shares for reference: 17,844,868
So I would say management and directors have a vested interest in this SP, as any further decrease and their options and warrants are mostly useless.
As a note, the only options expiring in 2012 are 175,000 @
.45 cents on May 31st 2012.