Well, that makes a little more sense... but I disagree.
If Billy dies today, my shares still have value because I own a company.
If Billy doesn't honor his word ( or more importantly, the law) then we'll take action.
I disagree that these shares are only as good as BIlly thinks they are. Laws limit his ability to make our shares meaningless/worthless, although all indications from the TRO are that he'd like to do just that.