RE: Creditors
It appears several adjudicated court ordered creditors have decided to bind together to shut down PVECD in a forced bankruptcy. Just my opinion however for what it is worth. As you know, an adjudicated creditor's claim cannot be disputed in a bankruptcy petition since it has already been validated by the courts. If a bankruptcy petition is filed by the three, than it opens a flood gate to disclosed and multiple unknown undisclosed claims from many sources to the court. It also will become a floodgate for potential criminal actions of false information/perjury provided by new management and prior PVEC management to the court.
IMO, best course of action/interest for new company is to settle in cash with a select few of creditors to forestall bankruptcy filing. I absolutely know the most important, not necessarily the largest, adjudicated creditor, is not interested in any stock what-so-ever...only cash. Too much water under the bridge.
Does anyone know who would be best person to approach for a settlement, i.e. Sahas versus new management versus someone else????
I would truly and sincerely like the new Company to have an opportunity to succeed.
It is going to get very interesting IMO.
Remember, your investment decision is yours alone. I am expressing my personal opinion only.