You're welcome.
As was noted, the 1st of the New York cases has a default judgment entered. EVTI did not even bother to file an Appearance or Answer to the Complaint.
They are waiting on a final determination of the Judgment amount to be made by the Judge.
The 2nd case is interesting, and I do not think the timing on the huge volume of stock trading hands yesterday is a coincidence.
If the Company is selling shares (which is a good assumption as others have pointed out), SOMEONE is paying for or accepting those shares for value. Why would the Note holders take shares (even at a discount) if there was clearly no value.
I don't think individual traders are buying up this volume. Now we will wait to see what develops. I'm cautiously optimistic.
Good Fortune to All.