10:1 might have been a better swap ratio, however you're forgetting it was the community who chose the 4:1 ratio.
In fact since swap delayed for 72 month, swap ratio is 1:(4*72) = 1:288 per month, which is already completely different picture
Yeah, money of investors stucked during long period of time due to the weir swap.
... and how long did these "investors" expect for it take to recover their losses from holding Signatum, if EVER? Less than 6 years or just a big fat 0, nothing, nada, zilch until the end of time like many abandoned shitcoins??
if you invest in speculative company bonds and they go into administration, it can take over 10 years to get any recovery, assuming that you have not been wiped out by senior creditors, employee costs and other expenses.
This is crypto, it would be ranked below equity in any composite portfolio.
Just think rationally and not emotionally. Leave this behind you if have been burned. The new coin or new team cannot be blamed for speculative trading or for bag holders not exiting at the first indication that they had been scammed by old developers.