Thanks... Broadway... but I am no different than you when it comes to analyzing what is taking place with this company... its all speculation and to some extent, conspiracy theory...
The options are a "right to buy" and the persons awarded the options have ten years to execute their purchase... like all options, if the stock goes up, they are in a good position to buy or sell and make a profit... if the stock goes down there is little reason to excercise their option...
However, there is one other consideration, i.e., the total number of shares is significant... and if the company is taken private... this plus what is already owned by the directors constitutes a pretty large voting block...
At the end of the day... who knows what evil (or good) lurks in the minds of the directors... only Mobery knows...