Guo Wengui / Miles Guo — bankruptcy case · PETITION · ECF #2173-1

NOTES TO THE OCTOBER 2022 OPERATING REPORT PART 2: ASSET AND LIABILITY STATUS:

Total current assets: d.

Total assets: e.

The Debtor's only known asset is its interest in Genever Holdings LLC, and the value of this interest is unknown. UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT

Case No. 22-50542 Reporting Period: Oct-22

File with the Court and submit a copy to the United States Trustee within 20 days after the end of the month and submit a copy of the report to any official committee appointed in the case.

(Reports for Rochester and Buffalo Divisions of Western District of New York are due 15 days after the end of the month, as are the reports for Southern District of New York.)

Schedule of Cash Receipts and Disbursements MOR-1 X Bank Reconciliation (or copies of debtor's bank reconciliations) MOR-1 (CONT) X

Copies of IRS Form 6123 or payment receipt Copies of tax returns filed during reporting period Summary of Unpaid Post-petition Debts MOR-4 X

Accounts Receivable Reconciliation and Aging MOR-5 X

Payments to Insiders and Professional MOR-6 X Post Petition Status of Secured Notes, Leases Payable MOR-6 X

I declare under penalty of perjury (28 U.S.C. Section 1746) that this report and the attached documents are true and correct to the best of my knowledge and belief.

\* Authorized individual must be an officer, director or shareholder if debtor is a corporation; a partner if debtor is a partnership; a manager or member if debtor is a limited liability company.

Oct-22 Reporting Period: SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS Amounts reported should be from the debtor's books and not the bank statement. The beginning cash from the prior month or, if this is the first report, the amount should be the petition was filed. The amounts reported in the "CURRENT MONTH -ACTUAL" column must equal the sum of the four bank account columns. Attach copies of the bash disbursements journal. The total disbursements listed in the disbursements journal must equal disbursements reported on this page. A bank reconciliation must be attached for each account. [See MOR-1 (CON'T)]

ACCOUNT NUMBER (LAST 4) OPER PAYROLL TAX Official CURRENT MONTH

\* COMPENSATION TO SOLE PROPRIETORS FOR SERVICES RENDERED TO BANKRUPTCY ESTATE THE FOLLOWING SECTION MUST BE COMPLETED DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES: (FROM CURRENT MONTH ACTUAL COLUMN)

TOTAL DISBURSEMENTS LESS: TRANSFERS TO OTHER DEBTOR IN POSSESSION ACCOUNTS PLUS: ESTATE DISBURSEMENTS MADE BY OUTSIDE SOURCES (i.e. from escrow accounts) TOTAL DISBURSEMENTS FOR CALCULATING U.S. TRUSTEE QUARTERLY FEES

BANK BALANCE Contract Concession Comparis NEWS . BE CONSULT CONSULTION CONSULTION CONSULTION CONSULTION CONSULTION CONSULTION CONSULTION CONSULTION CONSULTION CONSULTION CONSULTION CONSULTION CONSULTION CONSULTION CO

LIST) :

* Adrictad Rank Dalanca" much gaugl "Balanga par Booke"

DEPOSITS IN TRANSIT D Date Amount Date Amount

CHECKS OUTSTANDING Ck. # Amount Ck. # Amount

Total Operating Expenses Before Depreciation

Net Profit (Loss) Before Other Income & Expenses

Net Profit (Loss) Before Reorganization Items -

re Genever Holdings Corporation Case No. 22-50542

Interest Earned on Accumulated Cash from Chapter 11 (see continuation

Other Reorganization Expenses (attach schedule) 1

CURRENT REPORTING PRIOR REPORTING MONTH BOOK VALUE AT END OF BOOK VALUE ON PETITION

Restricted Cash and Cash Equivalents (see continuation -

LIABILITIES AND OWNER EQUITY BOOK VALUE AT END OF

MONTH PRIOR REPORTING MONTH BOOK VALUE AT END OF BOOK VALUE ON PETITION

LIABILITIES NOT SUBJECT TO COMPROMISE (Postpetition)

Secured Debt / Adequate Protection Payments -

Other Post-petition Liabilities (attach schedule)

LIABILITIES SUBJECT TO COMPROMISE (Pre-Petition)

TOTAL PRE-PETITION LIABILITIES 254,000,000.00

Adjustments to Owner Equity (attach schedule) - Post-petition Contributions (attach schedule) -

ASSETS Reporting Period:

BOOK VALUE AT END OF BOOK VALUE AT END OF

Ownership - Genever Holdings LLC unknown unknown

LIABILITIES AND OWNER EQUITY BOOK VALUE AT END OF

Case 22-50073 Doc 2173-1 Filed 09/07/23 Entered 09/07/23 09:06:17 Page 9 of

Case No. 22-50542 Oct-22 Reporting Period:

The beginning tax liability should be the ending liability from the prior month or, if this is the first report, the amount should be zero.

Attach photocopies of IRS Form 6123 or payment receipt to verify payment or deposit of federal payroll taxes. Attach photocopies of any tax returns filed during the reporting period.

Other:

Other:

Attach aged listing of accounts payable.

Current 0-30 31-60 61-90 Over 91 Total

Other:

Explain how and when the Debtor intends to pay any past due post-petition debts.

Accounts Receivable Reconciliation Amoun

Total Accounts Receivable at the beginning of the reporting period

Plus:

Less: Total Accounts Receivable at the end of the reporting period

Accounts Receivable Aging 1-30 123 51-60 Days 61-90 Days 91 + Days 11.621

Less: Bad Debts (Amount considered uncollectib

Taxes Payable I-SI Dav 31-60 Days 6 L-90 Davs 91 - Days 019

NAME TYPE OF PAYMENT AMOUNT PAID TOTAL PAID TO DATE

PAYMENT AMOUNT APPROVED AMOUNT PAID TOTAL PAID TO DATE TOTAL INCURRED &

Monteith, P.C. n/a n/a n/a 0 \$22,068.50

Must be completed each month. If the answer to any of the Yes No

questions is "Yes", provide a detailed explanation of each item. Attach additional sheets if necessary. Have any assets been sold or transferred outside the normal course of X business this reporting period? Have any funds been disbursed from any account other than a debtor in X possession account this reporting period? Is the Debtor delinquent in the timely filing of any post-petition tax X returns? Are workers compensation, general liability or other necessary X 4 insurance coverages expired or cancelled, or has the debtor received notice of expiration or cancellation of such policies?

Is the Debtor delinquent in paying any insurance premium payment? Have any payments been made on pre-petition liabilities this reporting X period? Are any post petition receivables (accounts, notes or loans) due from X related parties? Are any post petition payroll taxes past due? X 9 Are any post petition State or Federal income taxes past due? X 10 Are any post petition real estate taxes past due? X 11 Are any other post petition taxes past due? X

12 Have any pre-petition taxes been paid during this reporting period? 13 Are any amounts owed to post petition creditors delinquent? X

ો ર Have any post petition loans been been received by the Debtor from any X party? 16 Is the Debtor delinquent in paying any U.S. Trustee fees? X 17 Is the Debtor delinquent with any court ordered payments to attorneys or X other professionals? 18 Have the owners or shareholders received any compensation outside of X the normal course of business?