crazy bots sell at 3.7c, page-24

w.b.l how does the following statement work if VPG go into V.A.?
"Live or die, those bought at 20c or below won't lose. the worst case liquidation nta is still above 20c/share.
So it's not a worry if you bought below that and are holding med to long term."
This statement suggests we are all fine if we bought below 0.20. Isn't it the shareholders who are the last to get anything once the banks / creditors have finished?