Annus HorribilisThis has ended up an "anus" year for all former PRE shareholders...Shareholders - those holding more than 100,000 shares - got less-than-token 0.0001% of the "new" restructured PEN, or a total of 3,000 shares after the 100,000-for-1 rollback of their 300 million shares (read the News Release)...Other smaller shareholders got zilch. The Company was not-too-long ago valued at around $2 billion ($6.5 takeover price), and written down to $150 million ($0.05) after bankruptcy filing, but in exiting CCAA bankruptcy protection, it is re-valued today at $2.5 billion. The Toronto Stock Exchange (TSX) has a minimum listing requirement of 1 million free trading stock and at least 300 shareholders holding one share lot (100 shares). Obviously, the New Company has less than 300 shareholders and should not have been re-listed by TSX. To comply, the Company may have to issue more shares in a private placement to broaden the base. The Management will be granted options to acquire 10% of the Company worth $250 million in today's prices...Most shareholders have lost their shirts. I can bet there will never be a Class Action lawsuit. No lawyers will spend millions of their own money to front a lawsuit based on alleged misrepresentation without proof of fraud.. It is really over.