[StipMeBabyOneMoreTime]

From paragraph 6

The Debtors have no secured lender

Who is their capital source that wasn't smart enough to secure their assets with the receivables? What am I missing?

[Karen37a]

From paragraph 6



Who is their capital source that wasn't smart enough to secure their assets with the receivables? What am I missing?

I have no clue...do not care. I didn't bother reading past the few paragraphs

let me go close my taco stand for 5k


(Accredited investors come in with the risk of losing everything, it isnt fully secured) Not sure how they structured it

[Kevin Henry-Seacoast]

From paragraph 6



Who is their capital source that wasn't smart enough to secure their assets with the receivables? What am I missing?

Hedge fund out of NY filed a UCC1

[Michael I]

From paragraph 6



Who is their capital source that wasn't smart enough to secure their assets with the receivables? What am I missing?

they had between 1,000 and 5,000 creditors . doesnt that mean there were a whole lot of family friends etc not seasoned investors

[Karen37a]

they had between 1,000 and 5,000 creditors . doesnt that mean there were a whole lot of family friends etc not seasoned investors

that's a huge problem if they were not accredited...could be jail time and life time restitution...barred for life off to mcds