#SAFEMOONARMY
I know this situation can be easily misunderstood as negative and rightfully so. Bankruptcy is never a good thing however, let’s look at exactly what “Chapter 7” filing means and how it helps companies progress and start new.
1. Relief from collectors: This…
@DecentraIized_
Whole thing seems stinks, bankrupting a company because they can't access it's funds seems very suspect. Trying to force John's hand once again I imagine.
@SafeMoonLeuty
A lot of missing info for sure. But chapter 7 is more than just a closure or a dead end. For the most part, bankruptcy lawyers provides this option to help companies/individuals start fresh. It’s seen as a smart tactic when used wisely. It’s definitely not recommended for…
@DecentraIized_
100% agree. I believe it's a preventative tactic moving forward for the company. A very tough one to make and hear, but I believe it is in the best interest for the future of
@safemoon
@jpop2010
@safemoon
Definitely a tough choice but given the current situation. I believe this was the best route for
#SAFEMOON
in order to have a fresh start and “stop the bleeding” who knows who is going after them and taking advantage of this sensitive time. They know
@CptHodl
don’t have the keys…
@DecentraIized_
Thank you for this...because I bust my ass all day in a warehouse and seeing Safemoon get hit again, my heart sank. I beleive in it's potential, but I'm frustrated.
I'm just glad I've invested into BTC, and 4 other Blue Chips and looking forward to next Bullrun.
@DecentraIized_
This will cleanly remove John from the equation and give the community a breath of fresh air. This company was headed in a professional direction. The wallet is still my favorite out of all wallets.