RE:Narmac, see below.......Z99,,,,,,,,,,,,,,,,,yes of course they can do a reissue,,we small time shareholders are not on the same level playing field as the insiders. But my point was that the CEO and the CFO had the hurdle option system inplace to live up to inorder for the granted options to be of any value to them. If they didn't met expections/milestones then with devalued share price they are unable to exercise their options and thus no beer money !!! :o)