Koil Energy Solutions Inc. (KLNG)

[latin blood]

I don't think I understand this correctly. Did this grant cost them anything at all right now or for that matter in the future?

Sometime back I've got stock options from the company I work for - those shares were in the company's treasury. I didn't have to pay anything (in fact it was an incentive to me), and yes the catch was that they would mean money to me only if by the time I had the right to exercise them, the share price would be above the exercise price, so it would be in my best interest that the stock price increases. If this were the same concept as the ones I've got, then yes the 3 of them have an interest in seeing the stock price above 1.5 (the higher the better) before the options expire (02/14/2013) so it makes sense for them to exercise them (ie they would receive the difference between the sale price minus 1.5).