Options on top of everything else stinks.Should they ever get the price up to .10 again watch for a mass exodus. People won't want to compete with insider selling for an instant gain and keeping the price below .12 or so.
These options should have a hold like a pp. 90 days would be good. At least that would be a full quarter and some numbers would come out before they'd have a chance to dump their shares.
Recognizing that a million shares isn't much spread out over several people but it will add to the dilution regardless.