You've received stock options from an employer, no? It is the incentive component of one's compensation. Its value is calculated as the differential between the market price (at the time it is exercised) minus the strike price (in this case $0.10).
You never actually "spend" or lay out cash to buy the shares. When you decide to actually receive your compensation, your broker calculates the differential and transfers the funds into your account. While I guess it's possible to take possession of the shares, personally, I know no one who has ever done that. In Craig's case, he has until 4/2/25. Why would he ever spend his own cash to exercise the option and then take possession of the shares. It costs him nothing to sit on it until he wants to take cash out.
So... $0.10 x 1,000,000 shares = $100,000 cash spent as confirmed by Trevor. Plus the future value of 14,300,000 shares minus $1,430,000. (Which at the moment @ $0.145, if vested, would equal $643,500 of additional compensation.)
