lacquer nails smiley  Either you are an insider or you don't understand the term of "Dilution".

Ithaca has only to buy 20 million shares at $1.95 today which will cost $40 million then when insiders will exercise their stock option at $1.99 , it will cost nothing to the company and there will be no dilution for the outstanding commun shares.

You don't need an University diploma to understand that.