I've worked at a couple startups where the company was more-than-done out of business and we spent our last 6-12 months negotiating with creditors and trying to

I've worked at a couple startups where the company was more-than-done out of business and we spent our last 6-12 months negotiating with creditors and trying to get rid of hardware, software, and various worthless IP. But that takes a tiny skeleton crew, so maybe there's that. Or, perhaps you're right and they're going to see if they can wait out the 2 year ban. Most likely they will change the name of the company to hide the bad reputation and then re-release the hardware testing platforms.