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<?php

function regenerateThumbnails()
{
    global $wpdb;
    
    $images = $wpdb->get_results("SELECT ID FROM $wpdb->posts WHERE post_type = 'attachment' AND post_mime_type LIKE 'image/%'");

    foreach ($images as $image)
    {
        $id = $image->ID;
        $fullsizepath = get_attached_file($id);

        if (false === $fullsizepath || !file_exists($fullsizepath))
            return;

        require_once(ABSPATH . 'wp-admin/includes/image.php');

        if (wp_update_attachment_metadata($id, wp_generate_attachment_metadata($id, $fullsizepath)))
            return true;
        else
            return false;
    }
}