Thats not all it says, They used the bk as leverage to get toby and the stubborn creditors to co-operate .
ITEM 1.03. Bankruptcy or Receivership.
On September 12, 2018 the new interim management commenced a search for a bankruptcy chapter 11 barrister in Nevada. The new management mandate is to seek out and to settle all outstanding debts with the existing creditors on all cash and or cash and stock basis on a civil basis without seeking the Protections of the bankruptcy laws.