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Battery Array Designing and Manufacturing Unit in China

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Listing Information

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Battery Array Designing and Manufacturing Unit in China



Minimum Price: $80,000.00


Other Item Info
Item #: txwbke_292166
Created: 09/06/2014
Category: Business Property > All Assets or Going Concerns > Electronic & Electrical Equipment
Sale Date: None Set
Seller Info
Nathaniel Peter Holzer
Debtor's Attorney
500 N. Shoreline Blvd #900
Corpus Christi, TX 78401
(361) 884-5678
Bankruptcy Info
Case #: 1:14-bk-10096
Case Title: Xtreme Power Inc. and Xtreme Power Grove, LLC
Court: Texas Western Bankruptcy Court
Chapter: 11
View Case Docket

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Description

Sale of China Unit describe as: XPS had a venture agreement with a Chinese company, Sieyuan Electric Co., under which XPS designed and manufactured a demonstration battery array that that XP refers to as the China Unit.

The China Unit is currently located at Sieyuan Electric’s facility in Shanghai, China. The China Unit is a fully-assembled array of approximately 1,200 of the lead acid PowerCells that were manufactured by XP Grove at the plaint in Oklahoma, all 6.5 versions. The China Unit also includes an older model Eaton invertor.


Additional Details

Sale Price for Batteries $60,000.00
Sale Price for Other Equip & Materials $20,000.00



Other Information

Terms and Conditions:

See attached.


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