I think it's "B" - I've been in awe and impressed with the amount EGMI has accomplished with such a little team.
But that's a double-edge sword - they need to spend a few bucks and hire a larger support staff for all the little details. I applauded them for super attention to the bottom line not wanting to add staff but it would be better for the long term. Add 10 people at $50,000 a piece to comb through all the adminstrative details. Cost .006/share per year which is nothing, and it would help assure contracts worth .05/share in earnings. If they had assistants galore somebody would have made sure the D&O insurance was taken care of, for example.