Acquiring a judgment is not the end-all. If you want to actively pursue the money, you must acquire a "writ of execution", and have the authorities physically take possession of the debtor's assets( thereby placing a "lien" on the property. There's a saying that a judgment and a dollar will get you a dollar's worth of peanuts...or something like that. :>)In practical terms, I doubt SNSR has a sufficient amount of real or personal property to justify the expense of an asset sale. Nobody's going to try it unless it's worth it. If the company becomes successful and acquires significant assets, they'll probably negotiate settlements before someone attacks them..
If you can't find the assets, all you can do is sit there hoping the debtor attempts to sell or somehow discloses the location of the assets. The Sheriff won't do it for you. :>)If it's "real property" being sold, the judgment will show up in the search and must be satisfied before title can change hands. As I indicated before, the settlement $$$ might be significantly reduced.
As to your question about a third party's money being exchanged for SNSR equity, SNSR's judgment creditors have no standing in that transaction. The money belongs to the investor and so do the shares they get.
Here's an idea.....maybe we can get the Treasury Dept to bail out the company. :>):>)
AI
