Guess I should have done a little more reading before making a hasty reply. I have to admit, my level of optimism, after reading your reply, dropped to zero. The fact that they're moving to Chapter 7 means that they've been lying all along and could not meet the Chapter 11 agreements, as Favorable1 already said.
If you do some searching, and in fact it's disclosed in the court docket, Danny and Gil renamed 5Barz to Cubera about a year ago, or maybe 2. In fact there's a spiderweb of associated companies and holding companies.
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