![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Wednesday, October 11, 2023 7:58:02 PM
Pursuant to the Plan Support Agreement, the Debtor’s largest secured creditor, Empery, as agent for MP
Collateral, agreed to cap its prepetition secured claim for the Empery Loans at $18 million and carveout any recovery
above $12 million for the benefit of general unsecured creditors, which proceeds will be used in part to establish a
litigation trust to pursue the estate’s claims against the Debtor’s current and former directors and officers, including
Ryan Drexler.
Now wait for the PPP fraud announcement....it's coming.
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