Ann: Trading Halt, page-61

So directors are excited about the future prospect and intend on participating in the cap raise as well. It would be great to see how excited they are with $ commitments from them.

So the way I read this is:

1. So long as you hold shares prior to 10th of May even without participating you are eligible to 1 in 5 shares added to your holding?
2. If you participate you recieve 2 options for every additional 1 share purchased @ 1.1c excercisable at 2c with an 18month period?

Am i understanding this correctly?

I'm thinking to dip the toes again - I am trying to be optimistic with the new management, but burnt far too many times!