Options we all know, are linked to the price of the stock at the time of issuance. Fung and officers are taking advantage of the historic low stock price making it cheaper for insiders to exercise those options. My guess is their rationale is to get out in front of the permit vs after - that is, issuing options after the permit at a exercise price very low in relation to market price would be inappropriate and subject to much criticism. At this price the options are almost free. I take this announcement as a positive wherein Fung knows the permit is coming and is taking advantage of this crazy low price. Shareholders won't care about the dilution with Kry trading at $5 or $7 or whatever higher price.