Astralabs - (#269) Trustee's Motion To Refund Proceeds of Unauthorized Post-Petition Financing

23-10164-smr Doc#269 Filed 08/24/23 Entered 08/24/23 16:25:22 Main Document Pg 1 of
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IN THE UNITED STATES BANKRUPTCY COURT

FOR THE WESTERN DISTRICT OF TEXAS
AUSTIN DIVISION
In re: §
§ Case No. 23-10164-smr
ASTRALABS, INC., §
§ Chapter 7
Debtor. §
TRUSTEE’S MOTION TO REFUND PROCEEDS

OF UNAUTHORIZED POST-PETITION FINANCING
This pleading requests relief that may be adverse to your

interests.
If no timely response is filed within 21 days from the date of

service, the relief requested in the motion may be granted
without a hearing being held.
A timely filed response is necessary for a hearing to be held.
TO THE HONORABLE SHAD M. ROBINSON, UNITED STATES BANKRUPTCY JUDGE:
COMES NOW Randolph N. Osherow, not individually but in his capacity as the duly
appointed chapter 7 trustee (in such capacity, the “Trustee”), for and on behalf of ASTRALABS,
Inc. (the “Debtor”) and its bankruptcy estate (“Estate”) established under the above-captioned
chapter 7 case (“Bankruptcy Case”), and files this Motion to Refund Proceeds of Unauthorized
Post-Petition Financing (the “Motion”), respectfully stating as follows:
I. PRELIMINARY STATEMENT
1. In May 2023, shortly before this case was converted to chapter 7 and without this
Court’s approval, the Debtor executed approximately 60 separate promissory notes (the “Notes”)
in a principal amount totaling close to $475,000. The principal amount under the individual Notes
ranged from $5,000 to $40,000 with lenders from around the world.
2. Despite the execution of the Notes, the Debtor did not receive funding from many
of the individuals party thereto and, in some cases, received less than the face amount of the
TRUSTEE’S MOTION TO REFUND UNAUTHORIZED POST-PETITION FINANCING Page 1

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applicable Note. Following a detailed analysis of the Debtor’s books and records, some only
recently available to the Trustee, as well as financial account data, the Trustee, with the assistance
of counsel, used his best efforts to determine which of the Notes were, in fact, funded and in what
amount. Based on this analysis, the Trustee believes that the Debtor received $212,510.00 from
thirty-two (32) individual lenders (collectively, merely for convenience, the “Individual Lenders”)
as a result of the Debtor’s inappropriate and unauthorized post-petition financing activities.
Because the post-petition financing was done without Court approval in contravention of the
Bankruptcy Code, the Trustee is seeking to refund the amounts received from the Individual
Lenders in connection with the consensual and agreed voiding and avoidance of those transactions.
3. Unfortunately, the Debtor’s books and records are in substantial disarray (to the
extent they exist), inadequate, and fail to accurately reflect the actual results of the post-petition
financing activities of the Debtor. Accordingly, though Trustee has used his best efforts to
determine the amount funded by each Individual Lender, as detailed further below, the Trustee
believes it is in the best interests of the Estate to ask each Individual Lender to certify, and provide
evidence of, the transfer to the Debtor to ensure that the Trustee is not refunding incorrect parties
or incorrect amounts.
4. Accordingly, the Trustee files this Motion to (i) establish a form and process for
the Individual Lenders to certify the amount funded to the Debtor, (ii) refund those amounts to
Individual Lenders following certification; and (iii) cancel the Notes.
II. JURISDICTION AND VENUE
5. The Court has jurisdiction over the matters set forth in this Motion under 28 U.S.C.
§ 1334. This is a core proceeding under 28 U.S.C. § 157(b)(2).
6. Venue of the Bankruptcy Case before this Court is proper under 28 U.S.C. §§ 1408
and 1409. The matters addressed in this Motion arose in a case pending under Title 11 of the

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United States Code, 11 U.S.C. §§ 101, et seq. (as amended, the “Bankruptcy Code”), and arise
under sections 363(b) and 704 of the Bankruptcy Code, as to which the Bankruptcy Court has the
authority consistent with the U.S. Constitution to enter a final order in disposition of this Motion
and all relief sought herein. The Trustee expressly consents to such a final disposition by this
Court.
III. BACKGROUND
7. On March 17, 2023 (the “Petition Date”), the Debtor commenced the Bankruptcy
Case by filing a voluntary petition for relief under chapter 11, subchapter V, of the Bankruptcy
Code.
8. The Debtor did not receive, or even seek, authority from this Court to obtain post-
petition unsecured financing pursuant to Bankruptcy Code §364(b). As further described on
Exhibit “A” attached hereto and incorporated by reference for all purposes, Andrew Ryan,
purportedly on behalf of the Debtor, entered into a series of convertible, unsecured promissory
notes – the Notes – each dated as of May 8, 2023. Attached hereto as Exhibit “B” and incorporated
herein by reference for all purposes is a representative form of the Notes.
9. Based on the Trustee’s, and his counsel’s, review of the Debtor’s books and
records, between May 9, 2023 and May 17, 2023, the Debtor received a total of $212,510.00
(the “Note Proceeds”) from the Individual Lenders listed on Exhibit “C”, attached hereto and
incorporated by reference for all purposes. Over multiple transactions, the Note Proceeds were
received by check, wire transfer or ACH deposit into the Debtor’s bank accounts at Pacific Western
Bank (“PacWest”).
10. To prevent the Note Proceeds from being used to pay other obligations of the
Debtor, certain of the Debtor’s executives segregated the majority of the Note Proceeds in a
separate bank account.

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11. On May 12, 2023, the Court entered its Order Converting Case to Chapter 7
[Docket No. 89] (“Conversion Order”), converting the Bankruptcy Case to chapter 7, discharging
the subchapter V trustee, and appointing the Trustee as the interim trustee to oversee the
administration, operation, and management of the Debtor’s Estate and its business.
12. Among the express reasons stated by the Court in its ruling underlying the
Conversion Order was the Debtor’s activities to seek and obtain post-petition financing without
disclosure to the Court or otherwise formally in the Bankruptcy Case, or the Court’s corresponding
and requisite approval. See Transcript of Hearing Held May 11, 2023 [Docket No. 111], at
93:14–19.
13. Consistent with his customary practices, but especially under the particular
circumstances of this case, upon the Trustee’s appointment, the Trustee immediately took steps to
promptly close the Debtor’s bank accounts, including but not limited to the segregated account,
and transfer all Estate funds to the Trustee’s Estate account.
14. The Trustee, through counsel and with the assistance of certain of the Debtor’s
former executives, as well as PacWest Bank (the financial institution which previously maintained
the Debtor’s post-petition bank accounts) and certain Individual Lenders, then began to reconcile
the Debtor’s books and records of the Notes, corresponding fundings, and corresponding
Individual Lenders providing such funds. The segregated Note Proceeds have remained so as the
Trustee and his counsel completed the review of available records and prepared this Motion.
IV. RELIEF REQUESTED
15. The Trustee seeks an Order, substantially in the form attached hereto as
Exhibit “D” and incorporated herein by reference for all purposes, (i) approving the form of, and
process for obtaining, a certificate (the “Certificate” attached as Exhibit 1 to the proposed Order)
and incorporated herein by reference for all purposes) from each Individual Lender; (ii) authorizing

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and directing the Trustee to refund the applicable amount of Note Proceeds to each Individual
Lender following receipt of an executed Certificate including information satisfactory to the
Trustee; and (iii) deeming the Notes cancelled.
V. BASIS FOR RELIEF REQUESTED
16. This Court may authorize the use of Estate property pursuant to section 363(b)(1)
of the Bankruptcy Code. Such use outside of the ordinary course of business may be approved
when: (i) there is a sound business reason; (ii) accurate and reasonable notice is provided to
interested parties; (iii) the use is fair, reasonable and adequate; and (iv) the proposed use is made
in good faith. See, e.g., Cadle Co. v. Mims (In re Moore), 608 F.3d 253, 263 (5th Cir. 2010); In
re Del. & Hudson Ry. Co., 124 B.R. 169, 176 (D. Del. 1991); In re Stroud Ford, Inc., 163 B.R.
730, 732 (Bankr. M.D. Pa. 1993); In re Titusville Country Club, 128 B.R. 396, 399 (Bankr. W.D.
Pa. 1991); In re Indus. Valley Refrigeration and Air Conditioning Supplies, Inc., 77 B.R. 15, 21
(Bankr. E.D. Pa. 1987). See also Gluckstadt Holdings, L.L.C. v. VCR I, L.L.C. (In re VCR I,
L.L.C.), 922 F.3d 323, 326–27 (5th Cir. 2019).
17. The Trustee is entitled to use his business judgment in determining whether to use
assets outside of the ordinary course of business. See Institutional Creditors of Cont’l Air Lines
Inc. v. Cont’l Air Lines Inc. (In re Cont’l Air Lines Inc.), 780 F.2d 1223, 1226 (5th Cir. 1986); In
re JL Building, LLC, 452 B.R. 854, 859 (Bankr. D. Utah 2011). Accordingly, the proposed use
should be authorized pursuant to section 363 if a sound business purposes exists. See ASARCO,
Inc. v. Elliott Mgmt. (In re ASARCO, L.L.C.), 650 F.3d 593, 601 (5th Cir. 2011); Stephens Indus.
Inc. v. McClung, 789 F.2d 386, 390 (6th Cir. 1986); In re WBQ P’ship, 189 B.R. 97, 102 (Bankr.
E.D. Va. 1995).
18. Here in fact, the Note Proceeds are arguably not even Estate property, despite being
in the Trustee’s possession. No request for authorization for the post-petition financing has ever

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been made, much less granted. In the Trustee’s reasonable business judgment, utilizing the Note
Proceeds to refund the transactions to the Individual Lenders, with their consent, is in the best
interests of the Estate. As highlighted in the U. S. Trustee’s motion to convert this case to
chapter 7, the post-petition financing conducted by the Debtor was unsanctioned by the
Bankruptcy Court and this Court’s ruling in connection with the Conversion Order also determined
same.
19. Accordingly, each of the Notes should be deemed void ab initio as an act taken by
the pre-conversion Debtor in contravention of section 364 of the Bankruptcy Code, including, but
not limited to, for purposes of accomplishing the refunds proposed herein. Deeming the Notes as
such at this stage of the chapter 7 case will alleviate uncertainty regarding the effect of the Notes
and potential obligations of the Estate. Those Individual Lenders who actually provided funding
to the Debtor will receive a refund of such amount and will not be harmed by the proposed
treatment of the Notes. Alternatively, if and to the extent that the Individual Lenders do not
consent to, and cooperate in, implementing the relief sought in this Motion, the Trustee would
have no choice but to sue the objecting Individual Lenders, each under a relatively very modest
Note Amount, in formal adversary proceeding litigation in order to avoid these post-petition
transactions. See 11 U.S.C. § 364; see also In re Living Hope Sw. Med. SVCS, LLC, 450 B.R. 139,
152 (Bankr. W.D. Ark. 2011) (retroactive approval of unauthorized post-petition financing is
rarely granted and requires extraordinary circumstances), aff'd sub nom. In re Living Hope Sw.
Med. Servs., LLC, No. 4:06-BK-71484, 2012 WL 1078345 (W.D. Ark. Mar. 30, 2012), aff'd, 509
F. App’x 578 (8th Cir. 2013).
20. Even if the post-petition financing was in the ordinary course and allowed under
Bankruptcy Code §364(a), which it was not, such financing would result in an administrative

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expense claim under Bankruptcy Code § 503(b)(1), and could give rise to additional, post-petition
claims against the Estate emanating from such transactions (which potentially were also not
authorized pursuant to the Debtor’s internal governance provisions). In particular, the form of
Note included with this Motion shows that the Notes are convertible, bear no interest, and include
numerous investment and securities provisions, including but not limited to: (i) accredited investor
and forward looking statement disclaimers; (ii) foreign investor, investment, and broker
provisions; and (iii) California securities law provisions. Upon information and belief, these Notes
were haphazardly prepared without the benefit of the Debtor’s ordinary legal counsel. 1 These
unauthorized Notes, accordingly, potentially present complex issues and disputes if their
enforcement is permitted.
21. Irrespective of the appropriateness of the post-petition financing, the return of Note
Proceeds to the Individual Lenders is an obligation of the Estate, either through this Motion, under
the Bankruptcy Code, or even under their terms. The vast majority of the Note Proceeds have been
segregated by the Trustee for the purpose of refunding the Note Proceeds, the Note Proceeds have
been reconciled, and under the particular circumstances of the Estate, the Note Proceeds are not
necessary nor appropriate to satisfy the costs and expenses of preserving the Estate. Accordingly,
the refund of the Note Proceeds should be approved.
22. Moreover, the Trustee proposes the Certificate process under this Motion to help
confirm each Individual Lender’s amount and consent to the refund. The Certificate process is
further warranted by the incomplete and inaccurate records of the Debtor, and, because of the
differing modes of funding noted above, the Trustee’s complicated efforts to reconcile and confirm
1
Upon information and belief, the Trustee understands that the Debtor’s former bankruptcy counsel advised
Mr. Ryan not to proceed with these unauthorized financing activities.

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the Note Proceeds and the corresponding parties advancing same solely by, for example,
attempting to rely on account deposit records. While the Trustee believes his analysis is accurate,
additional protective but efficient procedures to ensure same are justified under the particular
circumstances.
23. It is in the best interests of the Estate to establish a process for each Individual
Lender to certify the amount transferred to the Debtor before a refund is made. The proposed
Certificate, whereby an Individual Lender can certify the applicable amount of Note Proceeds
received by the Debtor and provide evidence of the transfer, is an effective and efficient method
to ensure that the Trustee has allocated the Note Proceeds to the correct Individual Lenders as
shown on Exhibit “C”. Without such confirmation process, a risk of further disputes regarding
the administration of this Motion, to the extent granted, would remain possible and the Trustee
believes it is not in the best interests of the Estate, given the individual funding amounts, to permit
and ignore the possibility of further unnecessary disputes.
24. Upon entry of the proposed Order, if approved, the Trustee would provide a copy
of the Order and approved form of Certificate by email and first class mail to each non-objecting
Individual Lender. The Trustee will withdraw his Motion and commence adversary litigation to
avoid these transactions as to any objecting Individual Lenders. As to all other Individual Lenders
who do not oppose the Motion, the Trustee proposes to afford those parties an additional twenty-
one (21)-days to submit the completed Certificate to the Trustee, or his designee, for review and
reconciliation.
25. As to all Individual Lenders who do not object to the Motion but fail to timely
return a Certificate, the Trustee’s Exhibit “C” shall control in all instances, and the Trustee will
refund those amounts to the address shown on the corresponding Note by mailing check refunds.

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Following the 21-day submission period, the Trustee will promptly file with this Court a final
schedule of refunds, will seek further relief as to any refund amount dispute with an Individual
Lender, and will otherwise process the refunds to the Individual Lenders, via mailed refund checks.
As provided in the proposed Order, the Trustee will, consistent with his normal practices, stop
payment and reissue a check disbursement to and for any Individual Lender who requests a
reissuance prior to the time at which the refund check becomes stale (ninety [90] days following
issuance). The proposed Order further provides that if an Individual Lender fails to deposit or
request reissuance of its refund check within such time frame, such disbursement will be deemed
abandoned while the underlying agreement remains void, and revert to the Estate, entirely and for
all purposes, for the benefit of its creditors and stakeholders. The proposed Order further provides
that this Court will have and retain jurisdiction to resolve any disputes that may arise during the
refund process.
VI. PRAYER
WHEREFORE, PREMISES CONSIDERED, the Trustee respectfully requests that the
Court enter an order substantially in the form of Exhibit “D”: (a) granting this Motion; and
(b) granting him such other and further relief to which he may be justly entitled.

23-10164-smr Doc#269 Filed 08/24/23 Entered 08/24/23 16:25:22 Main Document Pg 10
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RESPECTFULLY SUBMITTED this 24th day of August, 2023.
By: /s/ Jay H. Ong

Jay H. Ong
Texas Bar No. 24028756
Thanhan Nguyen
MUNSCH HARDT KOPF & HARR, P.C.
1717 West 6th Street, Suite 250
Austin, Texas 78703
Telephone: (512) 391-6100
Facsimile: (512) 391-6149
Email: jong@munsch.com
anguyen@munsch.com
Counsel for Randolph N. Osherow,

Chapter 7 Trustee
CERTIFICATE OF SERVICE
The undersigned hereby certifies that, on August 24, 2023, he personally caused true and
correct copies of the foregoing pleading, together with all exhibits thereto, to be served by
electronically filing it with the Court using the Court’s CM/ECF system, which sent notification
to the parties receiving same through such system.
Additionally, the undersigned hereby certifies that, on August 24, 2023, he personally
caused true and correct copies of the foregoing Motion, together with all exhibits thereto, to be
served via email and first class U.S. mail on the following parties:
Alexander Seery Angelo Rella Antonello Loddo

925 Rolfe Pl 68 Burno Mt Road 205 Ridge Ave
Alexandria VA 22314 Cotopaxi, CO 81223 Gettysburg, PA 17325
seery.alex@gmail.com angelorella@mac.com antolod@gmail.com
Baiping Guo Bradley G. Kessler Brian J Carroll
8 Mooney St 1621 Northland Ave 408 Allison St
Lane Cove North NSW 2066, Australia Lakewood, OH 44107 Elmhurst, IL 60126
guoroger18@gmail.com bradkessler2003@yahoo.com bcarroll7489@gmail.com
Christopher Fast Christopher Fontaine Chukwuoma Ngoka
45 Meriam Street 7814 Bradenton Drive 19430 Tahoka Springs Dr
Wakefield, MA 01880 Charlotte, NC 28210 Katy, TX 77449
chhfast@gmail.com chris-fontaine@hotmail.com ccngoka@gmail.com
Clare Forshaw
Daniel R Beal Daryl Campbell
Sitio dos Machados, CXP 149-Z
1237 Palomino Road 3353 River Valley Drive
8150-044 São Brás de Alportel,
Fallbrook, CA 92028 Richland, WA 99354
Portugal
drbeal@pacbell.net darjos3@hotmail.com
stockmgr1@gmail.com

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Francis Tze Khen Chu

Ethan Brandt Frederic Corwin
65 Simei Rise #02-71
301 E 4th St 26 Boswell Rd.
Savannah Condopark, Singapore,
Huxley, IA 50124 Reading, MA 01867
528796
brandte2015@gmail.com Dericcorwin@gmail.com
khen11@hotmail.com
Haider Family Trust
Harold Bishop Hasan Ugur Koyluoglu
Mohammad Haider, Trustee
103 Sage Ln 1064 Great Rd
5801 Tuckeroo Way
Lufkin, TX 75904 Princeton, NJ 08549
Fair Oaks, CA 95628
hbishop@usa.net hasan.ugur.koyluoglu@gmail.com
contact@ryliservice.com
Hozefa Moiyyadi Jaron Glasgow Jeff Meyer
86 Hilltop Blvd 7550 80th St S, Unit 415 33970 Rebecca Rd
East Brunswick, NJ 08816 Cottage Grove MN 55016 kingston, IL 60145
hozefa.moyaddi@gmail.com jrglasgo5183@gmail.com doc_j_meyer@yahoo.com
Jeremy Phillips Joao Carlos dos Santos Branquinho Johann Frank Webersberger
211 W. Verdugo Ave, #201 3300 NE 191st St Apt 1207 Geibelgasse 5/27
Burbank, CA 91502 Aventura, FL 33180 1150 Wien, Austria
worthlessandfree@gmail.com joaobranquinho@gmail.com jwebersberger@gmail.com
Johnathan L Morgan
John Kaye John Kenneth Lee
5044 Broadstone Reserve Cir Ste
5117 Cole Road 969 Hilgard Avenue #712
250
Murrysville PA 15668 Los Angeles, CA 90024
Sanford, FL 32771
Johnkaye620@gmail.com kenleesatu@gmail.com
leemo1234@aol.com
Johnny Evans Jon A. Sims Marc Russell
234 Bay St. N.W. 25558 Fitzgerald Ave 471 E 4300 N
Fort Walton Bch, FL 32548 Stevenson Ranch, CA. 91381 Provo UT 84604
john-e-e@hotmail.com jonasims32@gmail.com marcsrussell@gmail.com
Mark Beauharnois Martin Wagner Michael J. Miracle
6867 Amanda Lane 359 Cambridge Dr 14 Chardonnay Drive
Lockport, NY 14094 Goleta, CA 93117 Holmdel, NJ 07733
mbeauharnois@hotmail.com martinwagner1980@gmx.de mjmiracle@gmail.com
Munish Luthra Nathan Webber Nemanja Milosevic
2672 Oak Park Trail 7600 Brussels Place, Apt 84 Lange Zeile 12
Decatur, GA 30033 Dulles, VA 20189 90419 Nuremberg, Germany
munish74@gmail.com natewebber@hotmail.com indyishere@gmail.com
Nived Krishnan Noah Splajt Pablo Raess
1630 Vendre Pl 329 144th Ave Badenerstrasse 3
San Jose, CA 95131 Caledonia, MI 49316 5200 Brugg AG, Switzerland
nivedkrish@gmail.com noah.splajt@gmail.com pablo.raess@matchspace.com
Paul Kellam Paul S Wilcox Petr Zaytsev
112 Pinnacle Rd 380 Columbus Ave #1 3632 Carlisle Dr
Ellington CT 06029 Boston MA 02116 Durham, NC 27707
paulmkellam@yahoo.ca psw29@yahoo.com pz@percona.com
Phillip Lopez Rajasekhar Yakkali Ralph J Ehrman
5243 E. Sandpiper Ave 3707 Garnet st, Apt 107 1862 Marne Road
Castle Rock, CO 80104 Torrance, CA 90503 Bolingbrook, IL 60490
phillipjlopez@yahoo.com raj.yakkali@gmail.com ralphehrman@comcast.net

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Roosevelt Scott Salvatore Pepe Sanjay S. Pinnock

802 Hawk View Court 1011 Schindler Dr 7275 Leonard Street
Fairview Heights, IL 62208 Silver Spring , MD 20903 Philadelphia, PA, 19149
lilscottie101@yahoo.com sammy1102@gmail.com Kingpinnock11@gmail.com
SoftDsk LLC
Demetrios Sapounas, Managing Srinivasa Kottakota Stephen Berger
Director 33 Yale Ct 150 Lodge St
PO Box 5963 San Ramon, CA 94583 Manchester NH 03104
Plant City, FL 33563 sriniraok@gmail.com sberger2000@yahoo.com
ds@ieee.org
Stephen Yoskowitz Tahir Ahmad (NovaClincare) Tammy Hong
5104 Pine Rocklands Ave 44165 Riverpoint Dr 12407 Bexley Dr
Lithia, FL 33547 Leesburg, VA 20176 Houston, TX 77099
tjsfinances@gmail.com t_ahmad@hotmail.com hongconsults@yahoo.com
Thomas E. Canty Tia L. A. Brown Wayne C Berry
7592 Mona Ln 18 Anita Pl SE 1213 Hartford Court
San Diego, CA 92130 Mableton, Georgia 30126 Virginia Beach, VA 23464
tcanty2@yahoo.com tb77.finint@gmail.com wayne@virginiacapital.com
Zachary Potvin
1016 Enchantment Rd
Rapid City, SD 57701
zackpotvin@yahoo.com
By: /s/ Thanhan Nguyen

Thanhan Nguyen, Esq.

23-10164-smr Doc#269-1 Filed 08/24/23 Entered 08/24/23 16:25:22 Exhibit A Pg 1 of 3
Exhibit A
Unauthorized Notes issued by ASTRALABS, INC.
Note Series Note Number Date Principal Holder
2023A 100 5/8/2023 $5,000.00 John Kaye
2023A M23‐2 5/8/2023 $5,000.00 Hozefa Moiyyadi
2023A M23‐3 5/8/2023 $5,000.00 Srinivasa Kottakota
2023A M23‐4 5/8/2023 $10,000.00 Martin Wagner
2023A M23‐5 5/8/2023 $5,000.00 Christopher Fast
2023A M23‐6 5/8/2023 $7,500.00 Daryl Campbell
2023A M23‐11 5/8/2023 $10,000.00 Ralph J Ehrman
2023A M23‐12 5/8/2023 $5,000.00 Paul S Wilcox
2023A M23‐13 5/8/2023 $5,000.00 Wayne C Berry
2023A M23‐14 5/8/2023 $5,000.00 Clare Forshaw
2023A M23‐19 5/8/2023 $10,000.00 Jeremy Phillips
2023A M23‐22 5/8/2023 $10,000.00 Pablo Raess
2023A M23‐23 5/8/2023 $5,000.00 Nathan Webber
2023A M23‐24 5/8/2023 $20,000.00 Frederic Corwin
2023A M23‐26 5/8/2023 $5,000.00 Munish Luthra
2023A M23‐27 5/8/2023 $20,000.00 Zachary Potvin
2023A M23‐28 5/8/2023 $10,000.00 Daniel R Beal
2023A M23‐29 5/8/2023 $7,500.00 Noah Splajt
2023A M23‐31 5/8/2023 $5,000.00 Petr Zaytsev
2023A M23‐33 5/8/2023 $5,000.00 Phillip Lopez
2023A M23‐35 5/8/2023 $10,000.00 Michael J. Miracle
2023A M23‐36 5/8/2023 $5,000.00 Christopher Fontaine
2023A M23‐37 5/8/2023 $7,500.00 Alexander Seery
1
Exhibit A
2023A M23‐39 5/8/2023 $5,000.00 Jon A. Sims
2023A M23‐40 5/8/2023 $10,000.00 Ethan Brandt
2023A M23‐41 5/8/2023 $25,000.00 Bradley G. Kessler
2023A M23‐42 5/8/2023 $5,000.00 Paul Kellam
2023A M23‐43 5/8/2023 $5,000.00 Salvatore Pepe
2023A M23‐45 5/8/2023 $5,000.00 Marc Russell
2023A M23‐46 5/8/2023 $7,500.00 Jaron Glasgow
2023A M23‐48 5/8/2023 $10,000.00 Francis Tze Khen Chu
2023A M23‐51 5/8/2023 $5,000.00 Rajasekhar Yakkali
2023A M23‐53 5/8/2023 $5,000.00 Angelo Rella
2023A M23‐54 5/8/2023 $40,000.00 Nemanja Milosevic
2023A M23‐55 5/8/2023 $5,000.00 Antonello Loddo
2023A M23‐56 5/8/2023 $5,000.00 Thomas E. Canty

Haider Family Trust
2023A M23‐57 5/8/2023 $5,000.00
2023A M23‐58 5/8/2023 $5,000.00 John Kenneth Lee
2023A M23‐59 5/8/2023 $5,000.00 Tahir Ahmad
2023A M23‐60 5/8/2023 $5,000.00 Joao Carlos dos Santos Branquinho
2023A M23‐61 5/8/2023 $10,000.00 Johnny Evans
2023A M23‐62 5/8/2023 $5,000.00 Jeff Meyer
2023A M23‐63 5/8/2023 $5,000.00 Roosevelt Scott
2023A M23‐64 5/8/2023 $5,000.00 Sanjay S. Pinnock
2023A M23‐65 5/8/2023 $35,000.00 Hasan Ugur Koyluoglu
2023A M23‐67 5/8/2023 $5,000.00 Nived Krishnan
2
Exhibit A
2023A M23‐68 5/8/2023 $5,000.00 Tia L. A. Brown
2023A M23‐70 5/8/2023 $5,000.00 Brian J Carroll
2023A M23‐71 5/8/2023 $5,000.00 Johnathan L Morgan
2023A M23‐72 5/8/2023 $5,000.00 Harold Bishop

SoftDsk LLC
2023A M23‐75 5/8/2023 $5,000.00
Demetrios Sapounas, Managing Director
2023A M23‐77 5/8/2023 $5,000.00 Johann Frank Webersberger
2023A M23‐79 5/8/2023 $7,500.00 Chukwuoma Ngoka
2023A M23‐84 5/8/2023 $5,000.00 Baiping Guo
2023A M23‐85 5/8/2023 $10,000.00 Tammy Hong
2023A M23‐87 5/8/2023 $5,000.00 Mark Beauharnois
2023A M23‐89 5/8/2023 $5,000.00 Stephen Yoskowitz
2023A M23‐93 5/8/2023 $5,000.00 Stephen Berger
2023A M23‐102 5/8/2023 $5,000.00 Ethan Brandt

Total $472,500.00
3
23-10164-smr Doc#269-2 Filed 08/24/23 Entered 08/24/23 16:25:22 Exhibit B Pg 1 of 11
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23-10164-smr Doc#269-3 Filed 08/24/23 Entered 08/24/23 16:25:22 Exhibit C Pg 1 of 1
Exhibit C
Note Proceeds Received by ASTRALABS, INC.
Note
Number Note Date Holder Amount Received Date
M23‐31 5/8/2023 Petr Zaytsev $ 5,000.00 5/9/2023
M23‐42 5/8/2023 Paul Kellam $ 5,000.00 5/9/2023
M23‐63 5/8/2023 Roosevelt Scott $ 5,000.00 5/9/2023
M23‐23 5/8/2023 Nathan Webber $ 5,000.00 5/9/2023
M23‐5 5/8/2023 Christopher Fast $ 5,000.00 5/10/2023
M23‐11 5/8/2023 Ralph J Ehrman $ 10,000.00 5/10/2023
M23‐12 5/8/2023 Paul S Wilcox $ 5,000.00 5/10/2023
M23‐14 5/8/2023 Clare Forshaw $ 5,000.00 5/10/2023
M23‐27 5/8/2023 Zachary Potvin $ 20,000.00 5/10/2023
M23‐55 5/8/2023 Antonello Loddo $ 5,000.00 5/10/2023
Haider Family Trust
M23‐57 5/8/2023 $ 5,000.00 5/10/2023
M23‐58 5/8/2023 John Kenneth Lee $ 5,000.00 5/10/2023
M23‐59 5/8/2023 Tahir Ahmad $ 5,000.00 5/10/2023
M23‐60 5/8/2023 Joao Carlos dos Santos Branquinho $ 5,000.00 5/10/2023
M23‐68 5/8/2023 Tia L. A. Brown $ 5,000.00 5/10/2023
M23‐71 5/8/2023 Johnathan L Morgan $ 5,000.00 5/10/2023
M23‐77 5/8/2023 Johann Frank Webersberger $ 5,000.00 5/10/2023
M23‐36 5/8/2023 Christopher Fontaine $ 5,000.00 5/10/2023
M23‐4 5/8/2023 Martin Wagner $ 10,000.00 5/11/2023
M23‐19 5/8/2023 Jeremy Phillips $ 10,000.00 5/11/2023
M23‐29 5/8/2023 Noah Splajt $ 7,500.00 5/11/2023
M23‐37 5/8/2023 Alexander Seery $ 7,500.00 5/11/2023
M23‐39 5/8/2023 Jon A. Sims $ 5,000.00 5/11/2023
M23‐40 5/8/2023 Ethan Brandt $ 10,000.00 5/11/2023
M23‐48 5/8/2023 Francis Tze Khen Chu $ 10,000.00 5/11/2023
M23‐54 5/8/2023 Nemanja Milosevic $ 10.00 5/11/2023
M23‐85 5/8/2023 Tammy Hong $ 10,000.00 5/11/2023
M23‐87 5/8/2023 Mark Beauharnois $ 5,000.00 5/11/2023
M23‐89 5/8/2023 Stephen Yoskowitz $ 5,000.00 5/11/2023
M23‐67 5/8/2023 Nived Krishnan $ 5,000.00 5/12/2023
M23‐61 5/8/2023 Johnny Evans $ 10,000.00 5/15/2023
M23‐6 5/8/2023 Daryl Campbell $ 7,500.00 5/16/2023
Total Note Proceeds Received $ 212,510.00
23-10164-smr Doc#269-4 Filed 08/24/23 Entered 08/24/23 16:25:22 Proposed Order Pg 1
of 10

AUSTIN DIVISION
In re: §
§ Case No. 23-10164-smr
ASTRALABS, INC., §
§ Chapter 7
Debtor. §
ORDER GRANTING TRUSTEE’S MOTION TO REFUND

PROCEEDS OF POST-PETITION FINANCING
CAME ON FOR CONSIDERATION the Trustee’s Motion to Refund Proceeds of Post-
Petition Financing (the “Motion”) filed by Randolph N. Osherow, not individually but in his
capacity as the duly appointed chapter 7 trustee (in such capacity, the “Trustee”), for and on behalf
of ASTRALABS, Inc. (the “Debtor”). 1 After having considered the Motion and the record before
it, the Court finds that: (i) post-petition, the Debtor (a) entered into a series of convertible
promissory notes (the “Notes”) and (b) raised an aggregate of approximately $212,510.00 (the
“Note Proceeds”) from individual lenders (each an “Individual Lender”) in connection with the
Notes, each without Court authority as required under Bankruptcy Code section 364; and (ii) it is
1
Capitalized terms used herein, not otherwise defined, shall be given the meaning ascribed in the Motion.
1
of 10
in the best interest of the Estate for the Trustee to refund the Note Proceeds to the Individual
Lenders following confirmatory process.
IT IS HEREBY ORDERED THAT:
1. The Motion is GRANTED as to all Individual Lenders who have not objected to
the Motion prior to the entry of this Order (each a, and collectively, “Consenting Individual
Lender(s)”), and is deemed WITHDRAWN, without prejudice, as to any Individual Lender who
has objected to the Motion and not withdrawn its objection.
2. As to all Consenting Individual Lenders, the form of Certificate attached as
Exhibit 1 hereto is approved for use by the Trustee.
3. Within two business days of entry of this Order, the Trustee shall send a copy of
this Order and the Certificate to each Consenting Individual Lender, via first class U.S. Mail, and
if available, via e-mail, as such mailing and e-mail addresses are specified on the Individual
Lender’s Note.
4. The deadline for returning a completed Certificate to the Trustee is twenty-one (21)
days following the date of this Order. If such deadline falls on a Saturday or Sunday, the deadline
is automatically extended to the following Monday. The Trustee, in his sole discretion, may extend
the deadline for a Note Party without further order of this Court.
5. As to any Consenting Individual Lender that does not return a completed Certificate
by the deadline, as may be extended by the Trustee, the name and amount shown on Exhibit 2
hereto shall control for purposes of administering any refund due to such Consenting Individual
Lender.
6. Following the receipt of completed Certificates satisfactory to the Trustee, the
Trustee shall issue the refund of the Note Proceeds via mailed check, as soon as reasonably
2
of 10
practicable. As to any Certificate timely returned to the Trustee which the Trustee cannot
consensually reconcile with the Consenting Individual Lender submitting same, the Trustee shall
not provide any refund to such claimant unless and until reconciled to the Trustee’s satisfaction,
and any party to such dispute may, by motion (including an omnibus motion by the Trustee) seek
this Court’s resolution of the dispute.
7. As soon as practicable following the issuance of the refund of the Note Proceeds,
generally, the Trustee shall file with this Court a final schedule of the Individual Lenders that
received refunds.
8. Each of the Notes listed on Exhibit 3 hereto is hereby deemed void ab initio and
shall not be considered evidence of a claim against the Debtor, the Trustee or the Estate.
9. As to any and all refunds made by the Trustee pursuant to this order, the Trustee
shall stop payment and reissue a check refund to and for any Consenting Individual Lender who
requests a reissuance of its refund check prior to the time at which the refund check becomes stale
(ninety [90] days following issuance). If a Consenting Individual Lender fails to deposit or request
reissuance of its refund check prior to the time at which the refund check becomes stale (ninety
[90] days following issuance), such disbursement will, upon the ninetieth day following
reissuance, be deemed abandoned while the underlying agreement remains void ab initio, and such
funds shall immediately revert to the Estate, entirely and for all purposes without encumbrance by
any claim or interest of the Consenting Individual Lender, for the benefit of the Estate’s creditors
and stakeholders.
10. The Trustee is authorized and empowered to take all actions necessary to effectuate
the relief granted pursuant to this Order.
3
of 10
11. Notwithstanding Bankruptcy Rule 6004(h), this Order shall be immediately
effective and enforceable upon its entry.
12. The Court shall retain jurisdiction with respect to all matters arising from or relating
to the implementation, enforcement and interpretation of this Order
###
Order respectfully submitted by:
Jay H. Ong
Thanhan Nguyen
MUNSCH HARDT KOPF & HARR, P.C.
1717 West 6th Street, Suite 250
Austin, Texas 78703
Telephone: (512) 391-6100
Facsimile: (512) 391-6149
4
of 10
EXHIBIT 1

AUSTIN DIVISION
In re: §
§ Case No. 23-10164-smr
ASTRALABS, INC., §
§ Chapter 7
Debtor. §
CERTIFICATE FOR REFUND OF NOTE PROCEEDS
RETURN THIS FORM AND REQUESTED DOCUMENTATION ON OR BEFORE

[*], 2023 TO:
Randolph Osherow
Chapter 7 Trustee for ASTRALABS, INC.
c/o Brenda Funk
Munsch Hardt Kopf & Harr, P.C.
700 Milam Street, Suite 800
Houston, Texas 77002
bfunk@munsch.com
IF YOU FAIL TO RETURN THIS FORM ON OR BEFORE THE DATE SET

FORTH ABOVE, YOU WILL RECEIVE A REFUND VIA CHECK SENT TO THE
ADDRESS SHOWN ON YOUR CONVERTIBLE PROMISSORY NOTE AND IN THE
AMOUNT SHOWN UNDER THE COLUMN AMOUNT RECEIVED ON EXHIBIT 2 TO
THE ORDER SENT WITH THIS FORM CERTIFICATE.
Please answer the following: Did you, or someone on your behalf, transfer funds to
ASTRALABS, INC. between May 9, 2023 and May 17, 2023 in exchange for the delivery of a
Convertible Promissory Note signed by ASTRALABS, INC. and dated effective May 8, 2023?
__________ (Yes/No)
If NO, please sign and date this form on the following page and return as indicated above.
1
of 10
If YES, please provide the following additional information:
Amount of Transfer (in U.S. Dollars) __________________
Date of Transfer __________________
Attach a record of the Transfer (cancelled check, confirmation of electronic

transfer, or similar record).
Name: ______________________________________
Address: ______________________________________
Email Address: ______________________________________
Contact Phone Number: ______________________________________
Any Refund Check will be made payable to party named above. 1
PLEASE SIGN:
I, the undersigned, hereby declare under penalty of perjury pursuant to 28 U.S.C. § 1746, that the
foregoing is true and correct.
Executed on: _________________

Date
___________________________________
Signature
___________________________________
Printed Name
1
Refunds will be issued in accordance with relevant Orders of the United States Bankruptcy Court. The Trustee
may dispute the right to a refund based on the information submitted with this Certificate.
2
of 10
Order Exhibit 2
Note Proceeds Received by ASTRALABS, INC.
Note
Number Note Date Holder Amount Received Date
M23‐31 5/8/2023 Petr Zaytsev $ 5,000.00 5/9/2023
M23‐42 5/8/2023 Paul Kellam $ 5,000.00 5/9/2023
M23‐63 5/8/2023 Roosevelt Scott $ 5,000.00 5/9/2023
M23‐23 5/8/2023 Nathan Webber $ 5,000.00 5/9/2023
M23‐5 5/8/2023 Christopher Fast $ 5,000.00 5/10/2023
M23‐11 5/8/2023 Ralph J Ehrman $ 10,000.00 5/10/2023
M23‐12 5/8/2023 Paul S Wilcox $ 5,000.00 5/10/2023
M23‐14 5/8/2023 Clare Forshaw $ 5,000.00 5/10/2023
M23‐27 5/8/2023 Zachary Potvin $ 20,000.00 5/10/2023
M23‐55 5/8/2023 Antonello Loddo $ 5,000.00 5/10/2023
Haider Family Trust
M23‐57 5/8/2023 $ 5,000.00 5/10/2023
M23‐58 5/8/2023 John Kenneth Lee $ 5,000.00 5/10/2023
M23‐59 5/8/2023 Tahir Ahmad $ 5,000.00 5/10/2023
M23‐60 5/8/2023 Joao Carlos dos Santos Branquinho $ 5,000.00 5/10/2023
M23‐68 5/8/2023 Tia L. A. Brown $ 5,000.00 5/10/2023
M23‐71 5/8/2023 Johnathan L Morgan $ 5,000.00 5/10/2023
M23‐77 5/8/2023 Johann Frank Webersberger $ 5,000.00 5/10/2023
M23‐36 5/8/2023 Christopher Fontaine $ 5,000.00 5/10/2023
M23‐4 5/8/2023 Martin Wagner $ 10,000.00 5/11/2023
M23‐19 5/8/2023 Jeremy Phillips $ 10,000.00 5/11/2023
M23‐29 5/8/2023 Noah Splajt $ 7,500.00 5/11/2023
M23‐37 5/8/2023 Alexander Seery $ 7,500.00 5/11/2023
M23‐39 5/8/2023 Jon A. Sims $ 5,000.00 5/11/2023
M23‐40 5/8/2023 Ethan Brandt $ 10,000.00 5/11/2023
M23‐48 5/8/2023 Francis Tze Khen Chu $ 10,000.00 5/11/2023
M23‐54 5/8/2023 Nemanja Milosevic $ 10.00 5/11/2023
M23‐85 5/8/2023 Tammy Hong $ 10,000.00 5/11/2023
M23‐87 5/8/2023 Mark Beauharnois $ 5,000.00 5/11/2023
M23‐89 5/8/2023 Stephen Yoskowitz $ 5,000.00 5/11/2023
M23‐67 5/8/2023 Nived Krishnan $ 5,000.00 5/12/2023
M23‐61 5/8/2023 Johnny Evans $ 10,000.00 5/15/2023
M23‐6 5/8/2023 Daryl Campbell $ 7,500.00 5/16/2023
Total Note Proceeds Received $ 212,510.00
of 10
Order Exhibit 3
2023A 100 5/8/2023 $5,000.00 John Kaye
2023A M23‐2 5/8/2023 $5,000.00 Hozefa Moiyyadi
2023A M23‐3 5/8/2023 $5,000.00 Srinivasa Kottakota
2023A M23‐4 5/8/2023 $10,000.00 Martin Wagner
2023A M23‐5 5/8/2023 $5,000.00 Christopher Fast
2023A M23‐6 5/8/2023 $7,500.00 Daryl Campbell
2023A M23‐11 5/8/2023 $10,000.00 Ralph J Ehrman
2023A M23‐12 5/8/2023 $5,000.00 Paul S Wilcox
2023A M23‐13 5/8/2023 $5,000.00 Wayne C Berry
2023A M23‐14 5/8/2023 $5,000.00 Clare Forshaw
2023A M23‐19 5/8/2023 $10,000.00 Jeremy Phillips
2023A M23‐22 5/8/2023 $10,000.00 Pablo Raess
2023A M23‐23 5/8/2023 $5,000.00 Nathan Webber
2023A M23‐24 5/8/2023 $20,000.00 Frederic Corwin
2023A M23‐26 5/8/2023 $5,000.00 Munish Luthra
2023A M23‐27 5/8/2023 $20,000.00 Zachary Potvin
2023A M23‐28 5/8/2023 $10,000.00 Daniel R Beal
2023A M23‐29 5/8/2023 $7,500.00 Noah Splajt
2023A M23‐31 5/8/2023 $5,000.00 Petr Zaytsev
2023A M23‐33 5/8/2023 $5,000.00 Phillip Lopez
2023A M23‐35 5/8/2023 $10,000.00 Michael J. Miracle
2023A M23‐36 5/8/2023 $5,000.00 Christopher Fontaine
2023A M23‐37 5/8/2023 $7,500.00 Alexander Seery
1
of 10
2023A M23‐39 5/8/2023 $5,000.00 Jon A. Sims
2023A M23‐40 5/8/2023 $10,000.00 Ethan Brandt
2023A M23‐41 5/8/2023 $25,000.00 Bradley G. Kessler
2023A M23‐42 5/8/2023 $5,000.00 Paul Kellam
2023A M23‐43 5/8/2023 $5,000.00 Salvatore Pepe
2023A M23‐45 5/8/2023 $5,000.00 Marc Russell
2023A M23‐46 5/8/2023 $7,500.00 Jaron Glasgow
2023A M23‐48 5/8/2023 $10,000.00 Francis Tze Khen Chu
2023A M23‐51 5/8/2023 $5,000.00 Rajasekhar Yakkali
2023A M23‐53 5/8/2023 $5,000.00 Angelo Rella
2023A M23‐54 5/8/2023 $40,000.00 Nemanja Milosevic
2023A M23‐55 5/8/2023 $5,000.00 Antonello Loddo
2023A M23‐56 5/8/2023 $5,000.00 Thomas E. Canty

Haider Family Trust
2023A M23‐57 5/8/2023 $5,000.00
2023A M23‐58 5/8/2023 $5,000.00 John Kenneth Lee
2023A M23‐59 5/8/2023 $5,000.00 Tahir Ahmad
2023A M23‐60 5/8/2023 $5,000.00 Joao Carlos dos Santos Branquinho
2023A M23‐61 5/8/2023 $10,000.00 Johnny Evans
2023A M23‐62 5/8/2023 $5,000.00 Jeff Meyer
2023A M23‐63 5/8/2023 $5,000.00 Roosevelt Scott
2023A M23‐64 5/8/2023 $5,000.00 Sanjay S. Pinnock
2023A M23‐65 5/8/2023 $35,000.00 Hasan Ugur Koyluoglu
2023A M23‐67 5/8/2023 $5,000.00 Nived Krishnan
2
of 10
2023A M23‐68 5/8/2023 $5,000.00 Tia L. A. Brown
2023A M23‐70 5/8/2023 $5,000.00 Brian J Carroll
2023A M23‐71 5/8/2023 $5,000.00 Johnathan L Morgan
2023A M23‐72 5/8/2023 $5,000.00 Harold Bishop

SoftDsk LLC
2023A M23‐75 5/8/2023 $5,000.00
Demetrios Sapounas, Managing Director
2023A M23‐77 5/8/2023 $5,000.00 Johann Frank Webersberger
2023A M23‐79 5/8/2023 $7,500.00 Chukwuoma Ngoka
2023A M23‐84 5/8/2023 $5,000.00 Baiping Guo
2023A M23‐85 5/8/2023 $10,000.00 Tammy Hong
2023A M23‐87 5/8/2023 $5,000.00 Mark Beauharnois
2023A M23‐89 5/8/2023 $5,000.00 Stephen Yoskowitz
2023A M23‐93 5/8/2023 $5,000.00 Stephen Berger
2023A M23‐102 5/8/2023 $5,000.00 Ethan Brandt

Total $472,500.00

Astralabs - (#269) Trustee's Motion To Refund Proceeds of Unauthorized Post-Petition Financing

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23-10164-smr Doc#269 Filed 08/24/23 Entered 08/24/23 16:25:22 Main Document Pg 1 of

IN THE UNITED STATES BANKRUPTCY COURT

TRUSTEE’S MOTION TO REFUND PROCEEDS

This pleading requests relief that may be adverse to your

If no timely response is filed within 21 days from the date of

A timely filed response is necessary for a hearing to be held.

TO THE HONORABLE SHAD M. ROBINSON, UNITED STATES BANKRUPTCY JUDGE:

Post-Petition Financing (the “Motion”), respectfully stating as follows:

TRUSTEE’S MOTION TO REFUND UNAUTHORIZED POST-PETITION FINANCING Page 1

as a result of the Debtor’s inappropriate and unauthorized post-petition financing activities.

Individual Lenders following certification; and (iii) cancel the Notes.

II. JURISDICTION AND VENUE

§ 1334. This is a core proceeding under 28 U.S.C. § 157(b)(2).

TRUSTEE’S MOTION TO REFUND UNAUTHORIZED POST-PETITION FINANCING Page 2

petition unsecured financing pursuant to Bankruptcy Code §364(b). As further described on

herein by reference for all purposes is a representative form of the Notes.

separate bank account.

TRUSTEE’S MOTION TO REFUND UNAUTHORIZED POST-PETITION FINANCING Page 3

and transfer all Estate funds to the Trustee’s Estate account.

IV. RELIEF REQUESTED

TRUSTEE’S MOTION TO REFUND UNAUTHORIZED POST-PETITION FINANCING Page 4

Lender following receipt of an executed Certificate including information satisfactory to the

Trustee; and (iii) deeming the Notes cancelled.

V. BASIS FOR RELIEF REQUESTED

L.L.C.), 922 F.3d 323, 326–27 (5th Cir. 2019).

E.D. Va. 1995).

TRUSTEE’S MOTION TO REFUND UNAUTHORIZED POST-PETITION FINANCING Page 5

F. App’x 578 (8th Cir. 2013).

TRUSTEE’S MOTION TO REFUND UNAUTHORIZED POST-PETITION FINANCING Page 6

the refund of the Note Proceeds should be approved.

TRUSTEE’S MOTION TO REFUND UNAUTHORIZED POST-PETITION FINANCING Page 7

and ignore the possibility of further unnecessary disputes.

TRUSTEE’S MOTION TO REFUND UNAUTHORIZED POST-PETITION FINANCING Page 8

WHEREFORE, PREMISES CONSIDERED, the Trustee respectfully requests that the

TRUSTEE’S MOTION TO REFUND UNAUTHORIZED POST-PETITION FINANCING Page 9

RESPECTFULLY SUBMITTED this 24th day of August, 2023.

By: /s/ Jay H. Ong

Counsel for Randolph N. Osherow,

Alexander Seery Angelo Rella Antonello Loddo

TRUSTEE’S MOTION TO REFUND UNAUTHORIZED POST-PETITION FINANCING Page 10

Francis Tze Khen Chu

TRUSTEE’S MOTION TO REFUND UNAUTHORIZED POST-PETITION FINANCING Page 11

Roosevelt Scott Salvatore Pepe Sanjay S. Pinnock

By: /s/ Thanhan Nguyen

TRUSTEE’S MOTION TO REFUND UNAUTHORIZED POST-PETITION FINANCING Page 12

2023A M23‐2 5/8/2023 $5,000.00 Hozefa Moiyyadi

2023A M23‐3 5/8/2023 $5,000.00 Srinivasa Kottakota

2023A M23‐4 5/8/2023 $10,000.00 Martin Wagner

2023A M23‐5 5/8/2023 $5,000.00 Christopher Fast

2023A M23‐6 5/8/2023 $7,500.00 Daryl Campbell

2023A M23‐11 5/8/2023 $10,000.00 Ralph J Ehrman

2023A M23‐12 5/8/2023 $5,000.00 Paul S Wilcox

2023A M23‐13 5/8/2023 $5,000.00 Wayne C Berry

2023A M23‐14 5/8/2023 $5,000.00 Clare Forshaw

2023A M23‐19 5/8/2023 $10,000.00 Jeremy Phillips

2023A M23‐22 5/8/2023 $10,000.00 Pablo Raess

2023A M23‐23 5/8/2023 $5,000.00 Nathan Webber

2023A M23‐24 5/8/2023 $20,000.00 Frederic Corwin

2023A M23‐26 5/8/2023 $5,000.00 Munish Luthra

2023A M23‐27 5/8/2023 $20,000.00 Zachary Potvin

2023A M23‐28 5/8/2023 $10,000.00 Daniel R Beal

2023A M23‐29 5/8/2023 $7,500.00 Noah Splajt

2023A M23‐31 5/8/2023 $5,000.00 Petr Zaytsev

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