RE: Value of RightsYou would be correct andrew IF you got one option to purchase a share at 8cents per right but you get 3 options per 10 rights so your math is incorrect.
again 0.015 * 10 + 0.08 * 3 = 0.39 for 3 shares + 3 warrants
This is 13 cents per share to get 3 shares and 3 warrants.
with rights presently at 0.02
0.02 * 10 + 0.08 * 3 = 0.44 for 3 shares and 3 warrants.
ie 14.66 cents per share
Lets not forget the main thing!!! HUGE up day!!!!!