Don't count on it.
It's the standared boiler-plate terminology used in these situations. We are going to do our best for shareholders , blah, blah just a lot of BS.
Matthew Woods is the low-life that enabled Électricité de France SA (EDF) to trigger a DOCA that screwed shareholders out of 98% of their shares.
BTW , PDN was not a 35x bagger afrerwards .It did a 10:1 reverse split relatively recently that must be taken into account. It was more like 8-10x bagger and you needed to inject more of your capital (i.e. buy more shares) in order to achieve a break-even.
That being said injecting $100k in PDN in the restructed compamy would have resulted in a $900k value vs putting money in this piece of garbage NUH that will result , most likely, given Maththew's track record) in receiving zero.....excuse me ...2% of your shares!!
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- Ann: Appointment of Voluntary Administrators
Ann: Appointment of Voluntary Administrators, page-116
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