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NOTIFICATION OF INTENDED
DISPOSITION OF COLLATERAL
To: Neptunic Technologies, Inc. (Debtor)
From: Vindrauga Corporation (Secured Party)
1565 Hotel Circle South, Suite 310
San Diego, CA 92108
Attn: James Wade email@example.com
(619) 220-8900 Ext. 114
We will sell the Collateral described below to the highest qualified bidder in public as follows:
Day and Date: March 1, 2013
Time: 10:00 a.m.
Place: Kirby & McGuinn
707 Broadway, Suite 1750
San Diego, CA 92101
Attn: Dean T. Kirby, Jr.
The Secured Party reserves the right to purchase at the sale, and to continue or postpone the sale by announcement made at the above date, time and place.
You are entitled to an accounting of the unpaid indebtedness secured by the property that we intend to sell. You may request an accounting by calling us at 619-220-8900 Ext. 114.
All Collateral will be sold, as a single lot, without representation or warranty, "as is" and with all faults. The Collateral includes all personal property identified in those certain financing statements on file with the California Secretary of State identified as Filing Nos. 12-7313044196 and 12-7313044570, including without implied limitation the following:
All Trademark Collateral including without implied limitation US Registered Trademarks Nos. 85327884 (Neptunic), 85327881 (Neptunic Logo), 77812150 (Neptech) and 77812138 (Hydroshield).;all Trade Secret Collateral; all Copyright Collateral; all Patent Collateral including without implied limitation US Patents (Pending) Serial Nos. 12714121 (Wearable Body Armor); 12714091 (Buoyant Impact Resistant Suit); 1277883 (Protective Garments and Accessories) and 12976512 (Multifunctional Protective Fabric); and all of Debtor's personal and fixture property, and interests therein, of every kind and nature, wherever located, including without implied limitation all: (a) Accounts; (b) Chattel Paper; (c) Commercial Tort Claims; (d) Deposit Accounts; (e) Documents; (f) Equipment; (g) Fixtures; (h) General Intangibles; (i) Goods; (j) Instruments; (k) Investment Property; (l) Inventory; (m) Letter of Credit Rights; (n) Supporting Obligations; and (o) all of Debtor's other personal property and rights of every kind and description and interests therein.
DATE: February 11, 2013
/s/ Dean T. Kirby, Jr.
Attorney for Secured Party
Pub. Feb 13-00107701