Surely you jest!
Lying is these peoples forte. Like being forced into the bankruptcy, yet court records show they hired the BK lawyer(prior to the default of notes), had Terrell up chuck the retainer and had already drawn up a plan that would have them in and out in a month.
The plan didn't include the ex-engineers objections or the Gemini interest.
The uplift in shares was the key to the plan.
The buy out crew would offer the note holders the new shares in exchange for their notes(all the notes were written like a time bomb to all go off on the same day, the planned crisis of notes written to satisfy deferred wages of ex employees). Once all note holders had the shares , the crew would drop the BK and in effect eliminate the one debt, the one note that they could not buy out, the Gemini note. They then reorganize with new shares on a 10 for 1 , give the big cheese's a controlling number of shares and voila, debt free and not owned by Gemini.
