Simple answer, greed. This sp allows those that are in power to justify the granting of options at incredibly low values based on 12 month averages. Unfortunately, you and I are not on the option opportunity list. New translation - manipulation.
I wonder if enough of us placed a motion to our Board of Directors, that no further options or share sales be allowed until the sp = $ 1.00 +, would the 12,999 longterm investors support this motion? Just wondering.