Another observation is why buy rights on the market with the attendant brokerage fee? From memory the last CR was only about 30% supported and I see no reason to expect better this time. I think it a safe bet you could oversubscribe to get all the shares (with options attached) you want at .009 without buying rights at .001 or.002, taking the conversion price to .01 or .011 or higher, to get access to extras.