Spectacular Solar Inc (SPSO)

[Edward]

Glad to see the creditors have voted to accept SPSO'S CH. 11 request.

Willing to bet the creditors demanded Heck step down as a requirement to vote to accept SPSO'S CH 11. .

SPSO probably met with to the creditors and discussed the situation. Since Heck stepped down SPSO went ahead and filed.

He stepped down 10/2022 the same month the Chapter 11 Voluntary Petition was filed on Filed Oct 27, 2022.


That's why he did. Otherwise the company probably would have had to liquidate if the creditors didn't accept the request.

Heck would have not done so if they didn't threaten to vote against the request.