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NOTICE OF SALESale date:
10:00 a.m. PSTSale Location:
United States Bankruptcy Court Southern District of California - Dept. OneBankruptcy Case No.:
Gregory A. AkersAsset Description:
The Bankruptcy Estate is selling for $50,000, subject to overbid, the following assets: 1) 1,000 shares of 12B Networks, Inc. (50% of the stock of 12B Networks,Inc.); 2) 1,000 shares or units or membership interests of IP Properties, LLC (33.3% of IP Properties, LLC); and 3) unliquidated claims against James Fitzgerald and 12B for various alleged violations as set forthin the Debtor's Schedule of Property Filed August 14, 2012, Docket #256. The sale is subject to the existing bylaws and operating agreements. There is also a right of first refusal.Terms/Conditions:
Overbid in increments of not less than $3,000.00. Deposit in the form of a cashiers check in the amount of $20,000, payable to "Gregory A. Akers, Trustee, must be delivered no later than 5:00 p.m. 72 hours prior to the hearing scheduled with the U.S. Bankruptcy Court. The overbid is subject to all of the terms, procedures and conditions as set forth in the Motion filed in the Case, Docket #299.Contact Information:
Yosina M. Lissebeck, Esq.;
(619) 238-4845; Gregory A. Akers,
Pub. Mar 25 through Apr 11-00108863