It is Storj itself on the chopping block.
Better said, this ‘Storage’ portion is the legacy debt, the unproductive asset, the dead weight, the liability is the token itself and it’s divisional debt, subject to court designation.
Thus it seems the remaining employees are reaching out in an attempt to salvage what they can, if anything. What would participation look like at 20% debtor financing of 1.2 Million? For this garbage low margin business segment? You gotta do better than that to save your asses fellas.
I think they understand/fear now that the restructuring does in fact exclude them.
The other stuff represents the actual real income, so Inveniam ain’t lending any hands to those on the STORJ Titanic. You just be lopped off by court order.
Here’s to full disclosure.
2 cents,
Julio