In a word.....
yes. I don't care if there were 50 million shareholders, they were wrong to buy this garbage, except for the select few that sold on a runup and vamoosed. Your teams of lawers are as delusional as the average shareholder. I should say the team of Hodges. I think that Frizzell knows EXACTLY what he is doing. He isn't promising multi-trillion dollar settlements. He is running a shell he acquired for nothing and saying he will try and get something back for the shareholder. That will be the hundred shares you have left after the r/s. He will clean up the mess, there will be sums of money gotten, and he and the principals will keep it and he will r/s down to a point that they can sell stock and away we go. I am not saying he will do what UC did but I bet he'll come out smelling like a rose while the shareholder reeks of disappointment. If he somehow got a few million he certainly wouldn't divide it up 700 billion ways.