Creditors can force a company into bankruptcy, but in this case, it would probably be difficult because I don't think Pulz is a US-based company, and it now seems highly questionable that Reece actually has any assets, at least any liquid ones, so there'd be no money even to pay the cost of the filings.

If Reece did have money, it would have been a simple matter to wire funds to all the people in question, and we've also had well over a week since the message about "waiting for the transfers to be received/confirmed" and the slowest ACH transfers take only about 3 business days.