In Re Blue Pine Group, Inc.

MEMORANDUM IMPOSING SANCTIONS

BRUCE A. MARKELL, Bankruptcy Judge.

I. Introduction

Blue Pine Group, Inc. (Blue Pine), the chapter 7 debtor in this case, is a Nevada corporation. It was conceived as a 50/50 venture between Humitech of Northern California, LLC (Humitech) and M & G Group Enterprises, Inc. (M & G). Humi-tech, based in California, is owned by John Pink and Adam Sweeney. M & G, based in Las Vegas, is owned by John and Brenda Grose.

Blue Pine’s board of directors originally consisted of these four individuals. As with any corporation, the approval of Blue Pine’s board of directors was…