The Guitammer Company filed a plan of reorganization in the US Bankruptcy Court on April 13, 2021. As per the plan filed, administrative expense, statutory fees and prospective quarterly fee will be paid full in cash. There are no priority tax claims or priority claims. Claims of Doyle and Jacobs of $0.90 million, Wells Fargo claims of $0.01 million and Merrill Lynch claims of $0.40 million will be paid in full. IMI/LFT claims of $0.34 million will be paid in ordinary course of business. General unsecured claims less than $600 of $2013.68 will be paid in ordinary course of business and general unsecured claims of $1.45 million will receive a single pro rata distribution from remaining cash investment. Subordinated claims of $0.70 million will be paid through pro rata distribution. Contingent claims of $0.12 million will be forgiven and no distribution will be made. Equity interests will be retained. The plan will be funded through cash in hand and assumption in payment in the ordinary course of business of the amounts.