strong broker recomendation My broker has recently recommended...

strong broker recomendation My broker has recently recommended this stock to me as a strong buy. He expects a price of 60-80 cents in the next couple of months based on some good news they are about to release, not on their current assets which are excellent in their own right.

What is the deal with the options exactly? I presume if an individual buys before the record date they will be entitled 1 option for every 2 shares at 1 cent. Is that correct?