It’s not your fault. It’s a bug. Thank you for your help to at least flag it.
This raid is hillarious.
$32 million token liquidation - vanishing act, its magical.
2 cents,
Julio
They even filed to remove it completely instantly.
Emergency Motion to Strike in its Entirety Docket Number 38 as Containing Confidential, Trade Secrets, Propriety Information Subject to Nondisclosure Agreements, or in the Alternative, Enter an Order Sealing the Filing to Protect the Confidentiality, Trade Secrets, and Proprietary Information of the DIP Lender Inveniam Capital Partners Inc. with Certificate of Service Filed by Christopher R. Arthur on behalf of Storj Labs Inc Related [+]. (Arthur, Christopher)
But everyone has already downloaded that, so this is now all public information
LMAO…
Can the Executive Vice-president of Iveniam not afford a legal team response?
They are that clueless?
2 cents,
Julio
Chapter 11 won’t free Storj Labs from Iveniam ownership. Storj is a subsidiary. The corporation stock was converted to Iveniam stock. Iveniam’s board would have to vote to sell / release Storj Labs and then it would have to reincorporate and issue new shares. Or become another company’s subsidiary.
Then the question remains:
Literally the $STORJ Community Buyout is stating:
I don’t know the rules of a Chapter 11 process. If a judge can force the owner to sell the company with or without consent?
Because as long as Inveniam is not willing to give up on Storj and the judge cannot force them, any initative doesn’t really make sense.
AI claims that the judge can do this, but is not obliged to. Don’t know, is it true or not. There are certainly some rules and conditions for that.
It looks like they didn’t pay for their Hedgehog acquisition as well when payments were due:
Inveniam has defaulted under the Forbearance Agreement by failing to make
payments when due under the Forbearance Agreement.
A company that does not pay what it is due to pay does not sound healthy.
the Collateral Agents intend to file a motion wherein they will seek to dismiss the Bankruptcy Case, pursuant to 11 U.S.C. §1112(b)(1), on the basis that the case was filed in bad faith or, alternatively, to transfer the Debtor’s case to a proper district (the “Motion to Dismiss or Transfer”).
This motion and the objection will be interesting. Generally Storj should have a reason why they filed with that specific court. So either they can explain that or not. Moving to another court would be nasty if everything has to start over again maybe.
Right. At this time, it would be impossible to sell/take over Storj Inc. because there are too many people that believe they own it and you would simply not know whom to pay. This will take a pretty long while for the courts to decide.
Thanks for great show. Storj 2026 ist best season ever. 
But amid all this, I wonder what the two buddies, Golub and Winegar, think about it.
I wonder if the judge will call them as witnesses.
the bankruptcy person assigned by the judge can, forget the legal name for the role as I am not party in a bankruptcy often.
if you are bored, go look up and see the history of how The Onion bought that website from the guy sued for billions and lost. they made an offer that worked to reduce the payment on the judgement and it was accepted.
Just can’t help myself here.
I suggested an ongoing market capital raising staking offer when management last asked, STORJ was still a fine vehicle to accomplish ongoing capital funding by providing a credible incentive of ROI to the general public. Simple, basic, no need for further VC or seeking a sale to X company for Y working capital. Mgmt balked, stripped this co. like a corporate raid from Vivint, who will probably buy the remainder of it sooner or later. It’s easy to represent this a nothing more than a Corporate Bond or Note, given an attractive interest rate that works. Some cryptos do do this, and it works fine just as the normal non-crypto markets work. The sensibility is now out the door here. There is no CFO, there isn’t even an intelligent accountant left. There is only a pearl clutching, adverse to reality shell of a company left here. And they exhibit this unintended ignorance constantly, the culture is warped and dead (I’m being polite here.) There are no stewards left here capable of the heavy lifiting. It will end up a predatory sitatuation to some unknown entities major advantage, and whether or not the SNos follow along is totally irrelevant.
2 STORJs,
Julio
You’re posting unsubstantiated claims too often, and your speculations are increasingly turning into false accusations. Either prove it or stop.
Please remove all false accusations and stay on topic. This is your second warning.
Probably more like my 10th warning.
I will CC: the legal department, meanwhile I wholly apologize. I would like to ensure the public that everything I do or say is my opinion only and not based in reality whatsoever.
25 cents,
Julio
This is the second time you’ve made unsubstantiated accusations against companies, spreading unfounded information on a public forum. Thus the second warning.
Our forum is technical; speculation is not welcome here. Please rewrite this message, keeping only the portion relevant to the current topic.
Alexey, if you believe these statements are defamatory, then I think the appropriate response is to show the community which specific claims are false and provide the evidence to support that. Simply calling something “defamation” does not answer the underlying questions.
We have already seen serious allegations and questions raised in Document 38 concerning STORJ token distributions and payments involving people connected to the company. That document was later removed from public access because it contained confidential/proprietary information subject to confidentiality restrictions.
That does not prove the allegations in Document 38 were true — but it also does not mean they were proven false.
So instead of shutting down the discussion, why not address the substance of the allegations with facts and evidence?
If management believes those claims are false, then clarify what can legally be disclosed and explain the facts to the community.
After everything that has happened with STORJ, including the current situation with the token and exchanges, I think the community has every right to ask difficult questions.
Transparency is the best way to answer those questions — not simply labeling them as defamation.
Facts and evidence must be provided by the party making the unsubstantiated claim.
I don’t want to shut down the discussion, but your message and the marked message are completely off-topic.
A claim that a company committed a raid or other illegal activity must be proven by the person making the claim. Otherwise, it’s a false accusation for some purpose that doesn’t align with the purpose of this forum.
Therefore, I ask everyone to please stay on topic and stop making unsubstantiated accusations about decisions and actions without evidence.
No, burden of proof is on those making the claim. See Hitchens's razor - Wikipedia