Given those conditions, you have no idea how much each share of debt is worth, and you have no idea how much each equity share is worth. Paying one creditor or shareholder (or any subset of them) at an assumed valuation is preferential. It is pretty much the definition, actually. In the real world it is a crime as described above.
Please, provide evidence to prove that in 'the real world it is a crime as described above'.
Saying that you intend to pay everyone at some sort of face value is not a valid defense at this stage, because you don't know if you are capable of actually doing that or not. Good intentions, in the real world, might reduce your fine or jail time, but it won't prevent the conviction.
You are implicit in accusing him of a criminal act without evidence to support your claim.
Do you remember this?
I've made no accusations.
Usagi doesnt even provide proper profit and loss statements which a company with actual shareholders must provide from time to time. For example how much does CPA or BMF owe in tax ?
He has been paying company tax....right? Usagi doesnt have any company records to produce just a bunch of hot air.