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PUBLIC NOTICE OF DISPOSITION OF COLLATERAL
Pursuant to, and in compliance with, California Commercial Code § 9611, you are hereby notified as a debtor, secondary obligor, or secured lien holder that secured party HUNTINGTON CAPITAL, L.P. (Huntington) will conduct a public auction of the following Collateral pledged by NEUROPOWER, INC. 7514 Girard Avenue, Suite 1440, La Jolla, CA (Debtor):
All inventory, equipment, accounts, (including but not limited to all health-care-insurance receivables), chattel paper, instruments (including but not limited to all promissory notes), letter-of-credit rights, letters of credit, documents, deposit accounts, investment property, money, other rights to payment and performance, and general intangibles (including but not limited to all software and payment intangibles); all oil, gas and other minerals before extraction; all oil, gas, other minerals and accounts constituting as-extracted collateral; all fixtures, all timber to be cut; all attachments, accessions, accessories, fittings, increases, tools, parts, repairs, supplies, and commingled goods relating to the foregoing property; and all additions, replacements of, and substitutions for all or any part of the foregoing property; all insurance refunds relating to the foregoing property; all good will relating to the foregoing property; all records and data and embedded software relating to the foregoing property, and all equipment, inventory and software to utilize, create, maintain and process any such records and data on electronic media; and all supporting obligations relating to the foregoing property; all whether now existing or hereafter arising or hereafter arising, whether now owned or hereafter acquired or whether now or hereafter subject to any rights in the foregoing property; and all products and proceeds (including but not limited to all insurance payments) of or relating to the foregoing property; whether any of the foregoing is now owned or acquired later; all accessions, additions, replacements, and substitutions relating to any of the foregoing; all records of any kind relating to any of the foregoing; all proceeds relating to any of the foregoing (including insurance, general intangibles, and accounts proceeds).
Debtor's shares of common stock of PRIMETRICA ASIA PACIFIC, LIMITED (PAPL), a Hong Kong corporation, and Debtor's shares of common stock of PRIMETRICA ASIA PACIFIC (PAPT), a Thailand corporation (Pledged Shares).
All warrants, options, or other rights entitling Debtor to acquire any interest in capital stock or other equity securities of PAPL and PAPT. All securities, property, interest, dividends, and other payments and distributions, issued as an addition to, in redemption of, in renewal or exchange for, in substitution or upon conversion of, or otherwise on account of, the Pledged Shares or such additional capital stock or other equity securities. All cash and non-cash proceeds of the Pledged Shares and any of the foregoing, in each case from time to time received or receivable, or otherwise paid or distributed to or acquired by Debtor. All agreements, instruments, and all books, records, and other documentation of the Debtor relating to the foregoing, whether presently existing or owned or hereafter arising or acquired,
The public auction will proceed as follows:DATE
: September 2, 2008TIME
: 10:00 a.m.LOCATIO
: Mulvaney, Kahan & Barry, 401 West A Street, 17th Floor, San Diego, CA 92101
You are entitled to an accounting of the unpaid indebtedness secured by the property that Huntington intends to sell. You may request an accounting by contacting Rex Beatty at (619) 238-1010.
Auction conducted by McCormack Auction Company, you may reach them at 619 447-1196 for terms and conditions of auction.
Pub. August 25, September 1-00046103