rights offeringthere seems to be a lot of confusion about these. I personally think it's pretty simple. Ucore could no longer access capital through the more conventional means. They are counting upon a dedicated shareholder base to buy into this rights offering. I believe i read somewhere they had 1 month's worth of capital remaining. They cleverly suggest there is no dilution IF all shareholders exercise ALL of their rights. However, if the shares maintained a .20 (cdn) price and i were to exercise my right to purchase additional shares at .10, i would be on the offer to sell my newly acquired shares to try and reduce the losses i've incurred over the past several years of holding. Naturally, if i weren't the only one to do this, the share price will not remain at .20 for very long and whomever purchases my newly acquired shares would then cause a dilution since i no longer hold them in the same percentage of ownership i currently did. Friday was most likely the last time you'll see .20 for this stock for awhile unless something really unannounced is in the offing. They'll most certainly be nearer .10 next week - sadly. And there's some suggestion these rights can be traded. Doubt that.