Dude, i am going to pre-empt the stream of responses that are come from the forum on this question. No 1) A rights offer is one of the most basic of share concepts - you really need to gain a better understanding of what you are investing in, before you invest - seriously. OST has some great courses - and there is a lot of info on the help & education section. You can even google it. No 2) To answer your question, Metorex needs money, and they are asking you the shareholder to buy more shares, so that they can get more money. They have issued you the share holder with a number of NPL's - which are the right, but not the obligation, to buy more shares as soon as they become publically tradable. Now you can do one of 3 things - you can buy more shares, as allocated by your NPL - You can sell your rights, at the price of hte NPL - you can do nothing, which means you lose your NPL's once the new shares become tradable, which would be stupid, because then you make no money at all. Seriously, spend some time learning what you are doing!