The last two companies the CEO "restructured" wound up cancelling the stock of existing shareholders when they finally emerged from Chapter 11.
John Dubel, now head of SunEdison has served as "Chief Restructuring Officer" of the following companies:
1.) Acterna-common stock cancelled 2003
2.) Anchor Glass Container-common stock cancelled 2006
Sure, encourage bagholders to hang on with a variety of arguments... and then see if you can get some pumpers going to swing-trade this??
Yes, I agree; I would much rather see future financial statements with increasing free cash flows and no PRs!!
That is effectively "worthless"