RE:JOIN IN ON THE LIVE STREAM AT 12PM EASTERN TIMEA couple of points:
1. It is only dilution if you don't participate.
2. The price is $0.225 and the rights will be free trading. They will NOT be free. If the right is trading at $0.05, then you pay $0.275 per share.
The rights will likely trade at a value between the $0.225 and the current share price. AT $0.285, it should trade at $0.06.
It should not be any different to wait or buy now and this company is insanely undervalued.