A note of caution As was mentioned on this board before, this Marret Plan is actually designed to wipe out all the small shareholders and benefit the rich ones. According to the rights plan, if, say one has 10000 shares, and wants to exercise the rights of all the 10000 shares, he has two choices, either put money out of pocket and buy 10000x8=80000 shares at 2cents each, or if he does not want to put more money into this stock, then he can sell 5000shares at, say, 6cents, that would give him $300, if he divides this amount by 2cents he could buy15000 shares, and if the market price of the shares is still at 6cents he can sell them into the market and make $900. But if he does not want to sell the new shares he boutght at 2cents he'll end up owning 15000+5000( he did not sell) = 20000shares. If however he decides to keep the original 10000 shares and still wants to exercise the rights without selling any of the original shares, then he must come up with 80000 shares x0.02cent/sh=$1600 then he is deemed to have exercised the rights and he is not entitled to anymore. At the end he is going to end up holding 10000 shares(old) + 80000 shares(new)=90000shares which now can sell at market. The whole idea of this rights offering is to soften the blow for the common shareholders that the dilution will cause after April 30 and after the TSX approves the rights prospectus.So for those who do not have any more money to put in this POS, and it is usually the small investors, they must sell some of their shares if they want to buy the rights offered, else he must put out of pocket money and buy the new shares. So caution is required as to how many shares are sold and how many are kept from the old shares.