Now just wait they will most likely not come out of VA and the...

Now just wait they will most likely not come out of VA and the shares will drop out of your portfolio if the company is wound up.

If they manage to come to agreement with the debtors. Also most likely consolidation of shares also as mentioned (they can not issue more at a discount to where they are now) say 100 to 1 share price 20c discout to 10c and issue 2x the shares so current value 1/6 of now but better than zero. Very unlikely to happen look at AGO they came out after agreements were reached and huge dilution.

Some service providers were prepared to assist them by reducing their costs and going on a profit share the company is still around but was not pretty for the holders. Even they see is better to get something than nothing.

Fingers crossed