It's possible to let the employees know of the actual game plan, but not the CTO, then execute the structured dissolution of the company. I know this, my former

It's possible to let the employees know of the actual game plan, but not the CTO, then execute the structured dissolution of the company. I know this, my former cofounder tried this against me, the only difference being I still had the support of the angel investor and the other cofounder, which contradicted the co-founder's assertions. But I guess it would work in this scenario. The investor is the key player here and he should steadfastly ensure he won't pay a penny more into the current entity and is willing to write it off completely.