They basically went out of business in December, and the Saavy subsidiary was given to creditors. Then, the creditor sold the name (only the name) of Saavy to a different company named EKO Holdings.
So EKO holds the name Saavy Naturals, but trimax (this company) lost its subsidiary in basically a foreclosure. Not a BK of trimax, but a loss of its asset Saavy to the creditor where Saavy was collateral.
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