If they bought all of the options, they would be no more and the outstanding shares would increrase by the same amount.

In a buyout, and it could vary, the buy out may include an amount per share for the outstanding shares, which wou;d include the new option purchases. Of course all this depends on the agreement between the buyer and edig.

There also couild be a share transaction, 100 edig shares for 1 "X" share, again depending on the terms. Under this situation if they didn't buy their options, then they may carry forward but with the new conversion of the share difference.

Lots of scenarios, too many to cover.