Even though their 14A filling contradicts that I believe that is what will happen. CERP is likely being controlled by their toxic financiers and will screw over anyone who holds past the vote.
But it's a month away, that is a long time in penny land, you also have to remember CERP wants to R/S a PPS higher then current levels.
PPS is not going to crash to 0 ahead of the vote, to much volume to much interest, to tiny of a mkt cap.