It seems to me that KRY Management and their dealings lack transparency:

If NEGOTIATIONS to sell KRY commenced BEFORE Management requested OPTIONS, and the OPTIONS BENEFIT MANAGEMENT, and the stockholders NOT HAVING BEEN INFORMED of these negotions prior to the Stockholders voting on the Option request, it looks like grounds for a LAWSUIT. You betcha!

In any event, I would advise all stockholders to vote NO on issuing any OPTIONS until the present situations has been clarified, and/or UNTIL AFTER a PERMIT has been ISSUED.