I had stated it already in another comment here that the court documents are publically available. After doing some more research I have identified a path how the court documents can be made available to all if some of us take action and even be willing to pay a small fee. So let me know if you ar…

Based on what we know right now, I would not characterize Storj as a company that’s obviously drowning in debt. In fact, the available evidence makes me lean toward something like: potentially fixable restructuring rather than an inevitable collapse. But there are some meaningful risks and it doesn’…

[image] wrath0x: That $302,331 in receipts through August shows they’re not as broke as we thought. The 12 week projection shows a monthly deficit of ca. $120k. That’s $1.4m loss in a year. I would say that is pretty much broke.

So you understand that we need to cut any costs in that order: [image] Helping the network become profitable — what can operators contribute while staying viable? (calculator inside) Highest costs are employees, storagenode payout and infrastructure in that order. The first and the latter are…

Can anyone explain this to a dumb guy, Inviam bought Storj correct? Why does Storj owes Inviam Capital $4,037,963.40 Is there something shady here?

When parent-companies help child-companies: they often don’t just hand them a suitcase-full-of-cash. They give them a loan (even if that loan has attractive terms). I’m sure Inveniam would strongly prefer Storj become wildly successful and pay them back. But if they fail they’d still like to try to …

[image] Roxor: When parent-companies help child-companies: they often don’t just hand them a suitcase-full-of-cash. No. we are assuming the loan is Inveniams cost of the acquisition passed on to Storj: [image] Unsecured Storj claims from Chapter 11 Gre…

[image] Roxor: When parent-companies help child-companies: they often don’t just hand them a suitcase-full-of-cash. They give them a loan (even if that loan has attractive terms). I’m sure Inveniam would strongly prefer Storj become wildly successful and pay them back. But if they fail they’d st…

[image] Grimm: the layer says he never has done a chapter 11 in his whole career and he is specialized in bankruptcy R.I.P. Storj Labs then.

I wonder what was the criteria for choosing him? Was he the cheapest?

Not quite, a chapter 11 is way way way before things are really really bad. This lawyer in his 20 something years of career only dealt with companies that where already closing. This is a legal framework to restructure debt in order to stay in business while they pay their debts overtime.

Are you interested in the Chapter 11 court files?

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jammerdan August 14, 2026, 6:36pm 34

No. we are assuming the loan is Inveniams cost of the acquisition passed on to Storj: