Sophist, my guess is they are saving the request of shareholder authorization to expand the number of shares to accommodate a possible stock split for a future date. Right now the shares are trading in their high range. Once shareholders approve more insider options and the price is about half what it is now, and all those new options are granted with low strike prices, then, and only then, will you see them play that card.
Of course they wouldn't dare actually split the shares because many institutions are required to sell stocks as they drop below $5.
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