Pebble's debts exceed $40M. The asset sale was for $34~40M. They're in bankruptcy proceedings: http://www.proofofclaims.com/PebbleTech/documents/ http://www.pro

Pebble's debts exceed $40M. The asset sale was for $34~40M. They're in bankruptcy proceedings: http://www.proofofclaims.com/PebbleTech/documents/ http://www.proofofclaims.com/PebbleTech/documents/ The financial and legal incentive is not going to jail and not being personally liable for any of the company's debts.