That's according to Trimax now isn't it? It's also possible that Trimax defaulted and not cured the default prior to the cessation of payments now isn't it? But then it wouldn't make sense for Trimax to mention that in their cease and desist order now would it.
Many things are possible don't just believe what you are fed. After all you were fed that information now weren't you? There are more willing vessels than just Vern I guess.
Don't let your prejudices, assumptions and ego cause you to come to conclusions which on the surface seem sound and correct but in reality are flawed