If I'd had to guess, and I do, if I were Steve I would get cash by selling his wives shares in order to execute the 1,666,666 share option that is set to expire on 11/4/15. They can be exercised at $0.075. That way he doesn't lose position with his total shares and has proceeds to make the purchase. In total he would gain more shares and a higher percent of ownership with no additional risk taken for his wife and himself.
Unfortunately for me, to do the same, I had to sell some shares to exercise my warrants this year, but in doing so, I have no additional risk and I took some profits.
If I were a betting man, and I am, I'm confident we will see an Form 4 in the next month stating Steve and the other board members exercised their options.
David Doderer has 833,333 options at $0.075 expiring on 11/4/15.
Ghassan Jabbour has 3,250,000 options at $0.075 expiring on 11/4/15.
