Hinto Energy Inc. filed a motion in the US Bankruptcy Court seeking the conversion of its involuntary bankruptcy case from Chapter 7 liquidation to Chapter 11 reorganization if granted on September 15, 2017. As per the motion, in the event this Court were to grant the Petition and place Hinto into chapter 7, Hinto hereby moves this Court to simultaneously grant this Motion to convert the chapter 7 case to a proceeding under chapter 11. Hinto firmly believes that a forced liquidation of its assets, as they currently are positioned, would not result in fair market value.