Transcript

00:00:00 - [AMITY_SENDAMA]
That will be the big one. So I don't know. Like, how long did it end up lasting?

00:00:10 - [SCOTT_WARNER]
Right right till 1245. So or I'm sorry. 1145. Okay.

00:00:16 - [AMITY_SENDAMA]
That's funny. There were a lot of people there.

00:00:18 - [SCOTT_WARNER]
When that train started coming through, I was like, holy cow.

00:00:23 - [AMITY_SENDAMA]
Yeah. I guess I we could've we have introduced ourselves too, like, as being there, like, on the phone because they said, there anybody else on the phone that would Yeah.

00:00:32 - [SCOTT_WARNER]
I think we could've. I I just put myself as listen only whatever when I chose the

00:00:37 - [AMITY_SENDAMA]
other No. Why when I didn't mean to, and it kinda freaked me out. Because when I joined originally, I was on camera, I was like, woah.

00:00:45 - [SCOTT_WARNER]
Yeah. I I wanna make sure I was, just here to listen. So

00:00:49 - [AMITY_SENDAMA]
They did it wrong. But, anyways, so, yeah. Basically, on the salary piece, I don't know if you heard that. Oh, yeah. And you put the time on And so what they agreed to is he will get 360,000 per year, which is until up until 2025, he was consistently paid around 450,000 a year. So the thought was that the judge would he was asking for, what, 77,000 a month. That that would judge would probably, if they were disputing it, that they would he should come in around that 450,000 mark. So what they agreed to was 360,000 a year, and he agreed that he would put the CRO in place in exchange for us, and Tiger agreed to that. So

00:01:43 - [SCOTT_WARNER]
What a train wreck.

00:01:45 - [AMITY_SENDAMA]
Yeah. So and he also well, he the cash collateral, which wasn't our decision, that's a tiger decision. And so they did approve that piece of it. It's not resolved, but he did, last night, actually finally provide the reporting that he needed to provide. So they they've kind of they'll look at that again and then most likely allow him to operate with the cash collateral. So the big question is around the the Zip hearing, and, yeah, we don't know if we support it or don't support it yet. I mean, I was, like, asking about, you know, the long term viability of the business because I think, you know, his financial statements aren't accurate about the fraud and all that. And the fraud claims are, like, kind of, like, separate, and he did ask for a release today, and, you know, we I think our attorney said there's no way that we would agree to a release, like, release him from personal.

00:02:40 - [SCOTT_WARNER]
No way. He did it.

00:02:41 - [AMITY_SENDAMA]
I yeah. So I don't think that will end up going anywhere. But it sounds like, basically, the bankruptcy would be resolved, and then there would be a separate like, assuming there's fraud, there'd be, like, a separate fraud claim against him, like, afterwards. I don't didn't quite understand how that works. But but, anyways, the CRO would help as soon as that is approved. And so, like, the basically, the CRO appointment, like, it has to be agreed to by the committee, Tiger, and Matt King or whatever. Because the CRO works for the company, and so they will have access to all the rec all that stuff, but they also have a fiduciary responsibility to all of, like, us. And so it's basically somebody that can go in and make figure out what the heck's going on in there. So and so, hopefully, that would be in place in next couple days, and then that person will basically help to tell us whether or not the DIP loan makes sense. So the DIP loan is to finish the warehouse, basically.

00:03:51 - [SCOTT_WARNER]
Okay.

00:03:52 - [AMITY_SENDAMA]
So anyways, that's why.

00:03:54 - [SCOTT_WARNER]
Interesting little scenario he's got going on there. Yeah. Mister Wolf was not a fan of him at all. That was

00:04:01 - [AMITY_SENDAMA]
pretty Wait. Mister Wolf?

00:04:03 - [SCOTT_WARNER]
He was the tiger attorney. He was just Oh. Yeah. Saying his reporting's shit, and that was making me laugh.

00:04:12 - [AMITY_SENDAMA]
Well, and I mean, they I mean, they're the ones obviously already filed the fraud fraud claims against him, but, like, the his attorneys are really good. And so our attorneys are really good too, which is funny that there's, like, all of these people I mean, Tiger obviously high I mean, they got, like, 20,000,000 on the line, so they hired, you know, a really good firm. But it's still funny to me that, like, McDermott, which is, like, one of the best and, you know, you saw that they were highly recommended by AFS. Actually, the company remember the guys that we talked to initially?

00:04:46 - [SCOTT_WARNER]
Yeah.

00:04:46 - [AMITY_SENDAMA]
They withdrew themselves once they found out McDermott was bidding on the case, and they said, we are you know, we didn't know McDermott was, like, interested. We are gonna, you know, bow out and, support them, and all that. They sent this email. So they're they're a big name too, but it's funny to me that they even want this case because I don't think there's that much money to be had. And so if they don't if there's no money, then nobody really gets paid, but I don't know.

00:05:14 - [SCOTT_WARNER]
That's weird. I wonder what's going on there.

00:05:16 - [AMITY_SENDAMA]
Yeah. So they've gotta know something. So maybe there is some money. I did briefly ask him. I set up time on Monday for us to about it. But I asked him, and he said, I know it's our our best interest to make the claim as big as we can make it. Okay. We wouldn't want to. I did ask about the confidentiality piece of it, and he said we should not attach the agreement. We would want to draft something else that says that it is, you know, in that our claim is supported by a confidential agreement that can be provided upon request.

00:05:53 - [SCOTT_WARNER]
Okay.

00:05:55 - [AMITY_SENDAMA]
So I just I said, oh, we'll just set up some time and have the conversation. We'll we'll actually do, like, a a Zoom and just it might be good at that point if we could just have the document ready to go, and we can just I mean, the the actual claim document, and then we can share with him the agreement and then whatever he's talking about in terms of the write up. But

00:06:16 - [SCOTT_WARNER]
Okay. Does he want us to draft that or he'll draft that? Did he say

00:06:21 - [AMITY_SENDAMA]
He didn't really say. We I because originally, I said, you know, should we be set up a separate time? And he said, yes. And then I I kind of gave him, like, well, like, just so you know the conversation is because we have a settlement agreement, da da da. And then I was like, well, after he said that, I was like, okay. Like, why don't I just go ahead and set up the time? Don't wanna take all of your time right now. Okay. He also probably wants more billable hours, but Who knows? True. I can't imagine how much this is costing because this this firm like, they're, like, 900 and something dollars an hour. So and that that's their discounted rate or 30 discount. Holy crap. 900 an hour. And I'm like, there's a there's plenty I mean, this isn't, like, a cheap case.

00:07:05 - [SCOTT_WARNER]
Man, this guy really rubbed everybody wrong.

00:07:08 - [AMITY_SENDAMA]
Wow. He sure did. So anyways

00:07:12 - [SCOTT_WARNER]
Thanks for the invite. I thought it was very interesting to to participate. I mean, not participate till Yeah. You know. And so Yeah. I I pushing other meetings off because I was like, I wanted to hear it. So

00:07:24 - [AMITY_SENDAMA]
We have, but I had, like, this stupid, I don't know, meeting for related to this board I'm on, and I, like, had to be there because I didn't go to the last one, and then this thing is coming up, like, next week. So I had to be there. It was only ten minutes. And then I had that meeting with HQ on our supply issues. So Felix and Stephan Weber, and I couldn't, like, them off. And I was like, damn it. Like, I really wanted to. Because I was like, I wanna hear hear this. I really wanted to see that see Matt, and I don't know which one he was.

00:07:52 - [SCOTT_WARNER]
I don't either. I I tried to Google him a little bit, never could really find a what I would say. Like, LinkedIn didn't have a picture or anything like that. So my guess is this guy's trying to scrub himself out of existence. So

00:08:02 - [AMITY_SENDAMA]
Well, I mean, I've been on calls with the guy, and he never showed his face. He would never turn his camera on even if all of our cameras are on. So I I have no idea. I mean, Robert's met him in person, so he knows what he looks like, but I have no idea. So

00:08:14 - [SCOTT_WARNER]
Wild. I took a screenshot when they walked in, so maybe I'll I'll send the screenshot to Robert and say which one is he.

00:08:20 - [AMITY_SENDAMA]
Yeah. I I don't know. I mean, I should be doing other things with my time, but I find this very interesting.

00:08:28 - [SCOTT_WARNER]
Yeah. I mean, I was working on other things while we were doing it, but it was like I don't know. I found it fascinating just because I talked to the attorneys all day every day, and it was just nice to kinda see them in action a little bit. So

00:08:40 - [AMITY_SENDAMA]
And I mean, yeah, guess anybody can call in for this kind of stuff. It's public. It's kinda funny to me. So but, yeah, I'll put the next one on my calendar and hopefully not have any conflicts.

00:08:49 - [SCOTT_WARNER]
Yeah. I I blocked it already. I I I went on one with Shawn, but I'll move it around. So

00:08:54 - [AMITY_SENDAMA]
k. Okay. Other topics?

00:08:59 - [SCOTT_WARNER]
Just SAP. That's really working with the team, making sure they have support. They're doing okay. It's it's the five leaders out there kinda taking it on them to do it. We met with Cardstain Top for a while. Had he's he was pretty helpful really, which was nice. A little disappointed with Bernd. I was trying to communicate with him over chat today, trying to say, hey. I need to know whether I'm closing our company today or not. And I never like, he kept pushing me off, and I was like, dude, like, I need to know what's going on. So I don't know. It was weird. Frustrating. They were almost two hours late with their update, which pissed me off. So

00:09:37 - [AMITY_SENDAMA]
Yeah. That's super annoying. I mean, I will say, like, our call went pretty well. Like, it seemed like the fact that they were able to get everything figured out overnight and, like, have a whole plan on how I mean, I I was kind of impressed that and, like I mean, for at least from the finance standpoint, they had a list of all of the transactions that we had to go back in manually.

00:10:01 - [SCOTT_WARNER]
Okay.

00:10:03 - [AMITY_SENDAMA]
So I don't if they were able to provide that, but they had, like, a whole list. So, like, they had the transactions. The problem is more around, like, the external things and connections with banking and stuff like that. So those are some of the trickier ones, but, I I mean, it seemed it seemed better than I thought. I haven't talked to Mike or Barb, so I could be wrong. But it was better than what I initially was, like, expecting. So

00:10:28 - [SCOTT_WARNER]
I know on logistics, we're pretty good except for, like, the UPS in Manifest and stuff, they can't regenerate those. So we don't know what's on the truck. So we're trying to kinda they're kinda trying to do a manual figure it out, like going back and reprinting some of the deliveries and trying to figure it out. But

00:10:53 - [AMITY_SENDAMA]
But so how do they not know so we don't know what was shipped out, or we don't know specifically what was on what Yeah.

00:11:00 - [SCOTT_WARNER]
We don't know what was on, like, which

00:11:02 - [AMITY_SENDAMA]
Okay.

00:11:02 - [SCOTT_WARNER]
Or something. Like, we know it went out, but that's about it. So

00:11:06 - [AMITY_SENDAMA]
Okay. Okay. That makes sense. Okay. Sorry. No.

00:11:13 - [SCOTT_WARNER]
They helped out they helped out a lot, so that was nice. So

00:11:15 - [AMITY_SENDAMA]
That's good. Well, I mean, they said, like, this has never happened in, like, thirty years. They don't even know, like so it happened in Poland. Apparently, Poland, I don't know if you knew this or not. But, yeah, they they had some kind of legal change and they were so somebody in Poland, like, you know, entered something into the system that ended up triggering this. And they don't know how it happened, and they said, I mean, that's, like, an after the fact, after they get everything fixed at some way, they will investigate, like, how did this, like, actually happen? Because it shouldn't have been able to happen, obviously.

00:11:44 - [SCOTT_WARNER]
Yeah. Carson said hold on. He said he said it was like a finance so it well, I get he didn't say what country, but he said it was like a finance upload or something like that that caused it. So I don't know.

00:12:00 - [AMITY_SENDAMA]
Something in Poland, I mean, it was related to, like, a legal some type of legal change that was required. It probably was finance. I mean, that would be the biggest user of you know? So whatever it

00:12:12 - [SCOTT_WARNER]
make sense. Yeah. Yeah.

00:12:13 - [AMITY_SENDAMA]
I mean, maybe it was a legal entity. Maybe I don't know. He just said something like a legal change that needed to be made. But, I mean yeah. So but that came from Felix. So

00:12:24 - [SCOTT_WARNER]
Just I mean, wild that a company our size could have this kinda outage on a global scale. It's like, holy shit.

00:12:31 - [AMITY_SENDAMA]
Right. It's crazy. That's that.

00:12:33 - [AMITY_SENDAMA]
Okay. Any big

00:12:36 - [AMITY_SENDAMA]
topics during the AdaptDx? We have tons of AdaptDx meetings today. So Angela had requested that we

00:12:42 - [AMITY_SENDAMA]
have one checkin with ELT every other week, so that's what one of these is.

00:12:45 - [SCOTT_WARNER]
K.

00:12:47 - [AMITY_SENDAMA]
Because, I mean, fair fairly enough, like, we're not I mean, for one week, we barely had any ELT meetings. But just so that we all are on the same page, which I think is a good point. I'm like, I don't want any more meetings on this topic. But so but is there anything specific we need to be

00:13:06 - [SCOTT_WARNER]
I'm actually put together a list of open topics right now because I just I it's like I have meetings with meetings with meetings, and I never stop to kinda collect where we're at. So that's what I'm trying to do right now is kinda get a handle of where we're at. So I had a little call with, Shawn a bit ago and kinda just asked him for some inputs. And now I'm trying to collect all that and get it going. So, hopefully, I'll have consolidated info in time for that meeting so we can because I know, Angela probably have a lot of questions for me specifically. So

00:13:36 - [AMITY_SENDAMA]
Do know that you are on her radar of somebody that she wanted that that one of the reasons she thought this was a good thing because you guys have all tie ins. Like, not in a bad way, but it just kinda like Yeah.

00:13:48 - [SCOTT_WARNER]
It's all the privacy and and stuff like that. So yeah. Yeah. So we've got that. And so yeah. It's I think it's a good idea too. It's just yeah. But like you said, it's just time for another day meeting, but it's okay.

00:14:00 - [AMITY_SENDAMA]
I have three basically, yeah. So it's

00:14:02 - [AMITY_SENDAMA]
gonna be two two hours of meetings on this today, but it's good. Okay. Cool. Well, I will we'll keep you any longer, but we'll talk Just

00:14:10 - [SCOTT_WARNER]
real quick. I did meet with Lisa this morning and got her told her how to record and how I can help her get the info for those, interviews and stuff. So, we're gonna test that out today and see how it works out. But I just wanna let you know that we did talk. So

00:14:26 - [AMITY_SENDAMA]
Okay.

00:14:27 - [SCOTT_WARNER]
Remember what I'm talking about?

00:14:28 - [AMITY_SENDAMA]
Sorry. I looked at this email, and I got my mind. And I'm gonna ask you about

00:14:32 - [AMITY_SENDAMA]
it before I but please tell me.

00:14:34 - [SCOTT_WARNER]
So yeah. So Lisa wanted to know how to record meetings and get stuff. So yeah. Okay. And

00:14:40 - [AMITY_SENDAMA]
then she asked about the reports. She asked if I was okay with you getting them, I said

00:14:45 - [SCOTT_WARNER]
Cool. Alright. I just wanna make sure you knew all that. So

00:14:49 - [AMITY_SENDAMA]
Can I ask you about this?

00:14:52 - [SCOTT_WARNER]
Yeah. Now you got me nervous, but yeah.

00:14:56 - [AMITY_SENDAMA]
Well, no. It's this invoice that I'm like, I feel like I thought this was fake because I deleted it the other day.

00:15:02 - [SCOTT_WARNER]
What is it?

00:15:03 - [AMITY_SENDAMA]
So I got an email from this Tina person. I don't even have the original because I literally deleted it. But then, apparently,

00:15:17 - [AMITY_SENDAMA]
as

00:15:17 - [AMITY_SENDAMA]
a follow on to that, this Christopher Beau, Following Tina's request, we have attached invoice for immediate process. So the invoice is due today. We're on automatic termination of your account and service. Please contact me directly if you have any questions before the deadline.

00:15:35 - [AMITY_SENDAMA]
And then I haven't clicked on anything, and then I just got this email. It's from back from Tina saying approved. I mean, it looks fake to me.

00:15:43 - [SCOTT_WARNER]
It's fake. If you look at her address up there, it's got a dot b r at the end of it.

00:15:48 - [AMITY_SENDAMA]
Yeah. Yeah.

00:15:49 - [SCOTT_WARNER]
It's definitely yeah. I wouldn't click any of those attachments.

00:15:53 - [AMITY_SENDAMA]
Okay. So what do we do? I guess, I mean, again, like, originally, I'm, like, with that as I just deleted it. I was like, this isn't real. But then, you know, I mean, like, it looks more legitimate than it did. But, yeah, this I mean, it's just kinda crazy, like, how, like, people do this stuff. I don't know.

00:16:11 - [SCOTT_WARNER]
They're getting good. And they said AI is really making it tough.

00:16:15 - [AMITY_SENDAMA]
Yeah. So I think it's the little envelope. It says scroll up. See where it right next to forward? It looks

00:16:21 - [SCOTT_WARNER]
like an envelope kinda. Hover over that for a second.

00:16:26 - [AMITY_SENDAMA]
This?

00:16:26 - [SCOTT_WARNER]
Yeah. Let's see. Okay. So report it as phishing.

00:16:31 - [AMITY_SENDAMA]
And then what happens?

00:16:32 - [SCOTT_WARNER]
So it goes to the AI system that reviews our mail, and it'll, it'll, categorize those kinds of things going forward. So

00:16:42 - [AMITY_SENDAMA]
Okay.

00:16:43 - [SCOTT_WARNER]
I'm kinda surprised it got through. It's kinda that should have been blocked. That's pretty obvious. But

00:16:48 - [AMITY_SENDAMA]
Okay.

00:16:49 - [SCOTT_WARNER]
Yeah. No. So what they did was yeah. That second you know, see how it's underneath there, you know, his? You can tell that that's not, like, a real forward just because there's no, like, line separator. It doesn't really work right, but they rewrote it so it looks legit. That's pretty smart. They did a good job.

00:17:06 - [AMITY_SENDAMA]
They didn't do too bad of a job. I mean, her first email was pretty

00:17:09 - [SCOTT_WARNER]
Rough.

00:17:10 - [AMITY_SENDAMA]
But, again, maybe also just because it was, like, dot b r, and I was like, like, I don't know, like, who this would even be. And, like and then, obviously, this, like, message up here, I don't usually get.

00:17:19 - [SCOTT_WARNER]
Yeah.

00:17:20 - [AMITY_SENDAMA]
Maybe I usually get it if they're from outside the org, but I'm not don't pay that much attention. Should I block the sender?

00:17:27 - [SCOTT_WARNER]
They'll use a different address next time. So you can, but it won't I don't think it'll stop anything. So I would just delete it now, and you're good to go. Okay.

00:17:35 - [AMITY_SENDAMA]
Cool. Thank you.

00:17:36 - [SCOTT_WARNER]
Alrighty. Talk to you after a while.

00:17:38 - [AMITY_SENDAMA]
Alright. Bye.