TRCPA: I think they probably "buy" their options with money owed them by FASC, salaries, loans, expenses, etc. Just a paper credit/debit, no "cash" out of pocket. So they take a little hit on their sale, so what, just give themselves a bonus to make up for it. I doubt they will exercise the more expensive options, why bother when they can issue themselves cheaper ones without shareholder approval. Just because they expire this year doesn't mean the pps is going to go up.
Cash is King until further notice!!!
My comments on companies are usually my opinion of long term success (years). The PPS may go up or down greatly in the meantime depending on the number of greedy suckers with money.