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Friday, 03/29/2024 2:53:36 PM

Friday, March 29, 2024 2:53:36 PM

Post# of 43052
After July 1, 2024 when the chapter 11 is complete, HGENQ is just a 'shell company' and it doesn't own any LENZ patent, no employees, no assets other than 'promissory note', and still some liabilities which may still be payable, why would hgenq pay any creditor. the company has no business operations. HGENQ is essentially a shell company or derivative, or option with an expiry date. it has no business and no customers after july 1 2024 The least the legal defense can do is the shell company has ZERO liabilities. but it can still have liabilities. A shell company with liabilities as pointless as the creditor can never get any money from a shell. you cannot even sue a shell company.

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