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.

P.S.  You keep talking about distributing shares owned by the venture to shareholders.  That is not a valid liquidation strategy, and your difficulties in doing so should be sufficient for you to understand why it is not allowed.  As trustee, you have the option of auctioning assets and allowing creditors and shareholders to "pay" for them using their cut of the liquidation, but it has to be open to the public.