Well that is why making up these "quasi pretendo companies" is not a good idea.  If it was actually a general partnership then yes all partners are equally and fully liable.  If it was a limited partnership then the non-active (passive) partners would have limited liability while the general partner (Nefaro?) would have unlimited liability. Of course that would require a partnership agreement and partnerships don't have shares, stock, or shareholders.   It is almost like Nefaro took the worst aspects of a partnership, sole proprietorship, limited liability company, and corporation and turned it into some franken-company (and yes I use that term loosely).  

Maybe that is the lesson in all this.  Forming a real legal entity is trivial these days and cost a nominal amount of money.  It then lets us answer questions like the above and prevents any ambiguity.  Everyone getting involved knows exactly what they are getting involved in.  I mean how many of these "partner-shareholders" made up nonsense realized that under a partnership they have unlimited personal liability (i.e. you can lose everything you own, your house, your car, all your assets, the money from your bank account, and even the clothes from your closets)?  All the limitations of a shareholder with all the liability of a general partner.  Yeah that is a match made in heaven.