Green Parts International Inc (fka GNPT)

[Hug Life]

Welp, I am out. I dug into that most recent motion and it appears to me that the Export-Import Bank of the United States has a legit case. GNPT and the Bank entered into a payment plan last year but GNPT has never made a single payment according to that plan. Looking at the financials, I don't see how they could pay. I now expect this to be converted to Chapter 7. I made a small profit half of my purchase and a loss on the other half. Bother.

https://www.docketbird.com/court-documents/Green-Parts-International-Inc/Motion-to-convert-reconvert-case-to-Chapter-7-Motion-to-Compel-Commencement-of-Payments-under-Confirmed-Plan-or-Alternatively-to-Convert-Case-to-Chapter-7-Fee-15-filed-by-Andres-H-Sandoval-on-behalf-of-United-States-of-America-through-its-agency-the-/ganb-1:2019-bk-53617-00136