yeah, I see the point - guess I was venting a bit. Options are normally issued at the trading price around the time of the issue so .22 is a justifiable price. Its the 5 yrs that got me - these should have been issued in yearly increments at successively higher prices. If the stock goes to 50 cents in 5 yrs it would be absolutely dismal performance yet he STILL cashes in "incentive" money of around $90k.