1. Jon claims that the coin is there, but "unavailable." The court would explicate the meaning of that mysterious word, letting you find out WHY and FOR HOW LONG. Absolutely no reason for any form of bankruptcy.
So? And you cant imagine reasons why a court could say that it doesnt matter since the coins are unavailable and getting them back is speculative?...
I can't imagine the court being satisfied with Jon's "SRY U Gise, I can't tell you because reasons! I can haz bankruptcy?" Bankruptcy protection is not get-out-of-jail-free card. If you have embezzled money, you can't simply "Lol, UNAVAILABLE" and file for bankruptcy--bankruptcy protection is not offered to criminals. Don't know why this needs to be repeated.
No, im sure he would tell the court what happened. If he didnt it would look like he stole them. But he would most probably in the same situation every company would be in that situation. It doesnt matter that theoretically you should have more money or get coins. You cant pay now, the debtors dont pay instantly... your bankrupt. Im sure you will find examples for this in the country you life in. Many companies go bankrupt simply because a debtor isnt paying (fast) enough. It doesnt matter then anymore if you cant pay your own debts.
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2. If the coin is gone, what difference does it make if the entity known as WeEx files for bankruptcy?
I dont know the details but in case weex gets sued... and driven to bankruptcy... would you buy the company to be able to get the chance to get the coins back? You would buy all debts with weex too and you dont even know for sure you get the original coins back. So would you buy the company to be able to get the coins back? If not... lets assume someone would have to pay the coins back to weex... if there is no weex anymore then the debt dies too.
Im not saying this way.
Wat.
No, i would not buy WeEx under any circumstances. No, suing WeEx will not extinguish WeEx debt. WeEx being a scam makes Jon personally responsible for WeEx debt. Again, bankruptcy protection is not extended to criminals.
I dont speak about your dream of weex being a scam in reality. You cant proof this. And as long as its this way its your own illusion.
Lets say ukyo wont be personally responsible and he would be protected by company bankruptcy. And then? You think anyone cares about your "but... but... it has to be a scam..." then anymore.
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3. WeEx is an Australian-registered company, if I remember correctly. Not sure about Australian law re. bankruptcy, but in US, only chapter 7 is straightforward liquidation. The creditor would also have to petition for it. It is not automatic, and it is not "the law."
But you would force a company owner to file bankruptcy to avoid "failure to file for insolvency in due time" since thats something you can be punished for. So ukyo only has to choice to let weex life, have the chance and hope to get the coins back or being forced to file bankruptcy in order to not being charged. He could go the easy way as far as i saw, letting his trust here die completely and thats it. But he choses to try getting everything back and holding chances open.
So yes... its insolvency by law.
We are going around in circles. Jon claims the coins are not gone, thus filing for insolvency would constitute fraud on his part.
See above. Your statement only would be valid when he wouldnt tell the court what happened. But im sure he would say what happened. Even when it means the coins are gone then.
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4. The Australian registration will be examined, laughed at, and promptly deposited into recycling bin, so it may, some day, become useful. Unless there's a more credible registration, there is no corporate entity to seek bankruptcy protection, only teh natural person, Jon.
What? Only because you believe a company isnt a real company doesnt make this true. If this would work we all had our coins back long ago. Please a bit less dreaming. A company registration is a company registration. It doesnt matter if you think a company registration is credible.
Yes. Yes it does.
Taking to you is as frustrating as talking to a born-again Christian who grasps at any straw just to convince himself that all his stupidity, wrongs and inadequacies will be righted in the afterlife, where his failures will magically become virtues, and he'll plant his ass at His Right Hand.
There is no reasoning with that but, at least, these Christian wannabes admit to being lowly sinners, and their humility (even if insincere) is their saving grace. You--while driven to your present condition by basest, unchecked animal greed--have the audacity to keep churning out this nauseating apologia.
Stop. Learn to dignity. Jon is not your friend. Jon has conned you. You are his mark. Stop hanging out on IRC, begging for crumbs. Behave as if you respect yourself, and, by route, you will learn to.
Ah... i see... arguments are gone. Good luck living in your reality bubble...
