From an initial reading of the NR it appears that Zen management is giving current Zen shareholders an equal opportunity with insiders to aquire rights to purchase shares at .75 with no dilution for current shareholders. The "Stand by Commitment" is an indication that if all the rights are not taken up by current shareholders there is a guarantee in place that either large shareholders, insiders, or brokers will take it up. In other words the money needed is there. Cheers Fluffy the Cat.