Friday, October 14, 2022 9:35:24 AM
If he pleads guilty, a presentence investigation will start and a sentencing date will be set.
After this, Petey is required to appear for a debtor exam to disclose all his financials/assets.
He (and HPNN investors) owe one person $9 million, per court documents. HPNN falsely does not list this liability on its books. This represents $millions more than the entire HPNN market cap.
Then his wife will win the divorce and be awarded $ and child support. She likely will also sue Petey in civil court.
He is toast.
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