Chap 11 is how one reorganizes when there is no money to keep operating and big money is owed. And creditors are pressing for payment.
Surely you do not claim that the 14 did not want to get paid??
As you have said, the 3 were ex-employees. Who better to know the true prospects of CDEX than those 3??
As it has turned out at least so far, they were dead on it.
The 14 have not in the least profited from the reorganization.
The only profit has been that the CEO and the few employees have been paid a salary that they otherwise would have not gotten. and except for the sale to KUWAIT, the money has come from the "ANGELS"...
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