I've already said, in TABLE 1 he has the option to buy 1.05 million shares at .08 which the MMRF BOD can also reprice at any time during the agreement.
He was also granted 500,000 shares at no cost as shown in TABLE 2.
A 2013-05-28 ROYSTON IVOR 4 A-Award --D 1050000.0000 1050000.0000 2 0001026765 STOCK OPTION (RIGHT TO BUY) 2013-05-28
A 2013-05-28 ROYSTON IVOR 4 A-Award --I 500000.0000 810558.0000 1 0001026765 COMMON SHARES