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Corporate Shell of Curable Coatings Company

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Listing Information

Attachments

Corporate Shell of Curable Coatings Company



Minimum Price: $25,000.00


Other Item Info
Item #: miebke_758787
Created: 08/25/2014
Category: Business Property > Financial > Other
Sale Location: Troy, Michigan
Sale Date: Thu. Sep 18, 2014
Seller Info
Howard S. Sher
Trustee's Attorney
Suite 777 Troy, MI 48084
(248) 649-1900 Email:  [email protected] TERMINATED: 12/06/2006 Robert K. Siegel 2301 W. Big Beaver Rd. Suite 777 Troy, MI 48084
(248) 649-1900
Bankruptcy Info
Case #: 2:13-bk-49950
Case Title: Ecology Coatings, Inc.
Court: Michigan Eastern Bankruptcy Court
Chapter: 7
View Case Docket

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Description

Sale of Corporate Shell of Ecology Coatings, Inc., describe as:

i) All common and preferred share conversion rights of any kind (except convertible preferred stock of ECOC that is actually transferred), including, without limitation, warrants, options and convertible bonds are cancelled and extinguished.

ii) The existing Board of Directors of ECOC is terminated; Purchaser is authorized to elect a new Board of Directors.

iii) The Purchaser is authorized to retain a new stock transfer agent for ECOC or in the event the existing transfer agent is still in business, to retain the existing transfer agent.

iv) The Purchaser is permitted to amend the articles of incorporation of ECOC to conform to the terms set forth in the Agreement and in this Order.

v) The Purchaser is permitted to issue up to 30,000,000 shares of common stock of ECOC to the Purchaser or its Assigns.

vi) The Purchaser is permitted to implement a reverse split of the issued and outstanding common stock of

vii) To the extent the same are in her possession and control, Trustee is authorized to deliver all of ECOC's corporate books and records to Purchaser that are in her possession, if any, with the Purchaser bearing any and all costs and fees required for the retrieval and conveyance of these items.

viii) To the extent ECOC is the holder of any currently issued and outstanding convertible preferred stock of ECOC, Trustee is authorized to execute a valid stock power assigning, conveying and otherwise transferring all of the currently issued and outstanding convertible preferred stock of ECOC to the Purchaser.

ix) The Purchaser shall take all reasonable action to preserve ECOC's listing on the Over the Counter Pink Sheet Marketplace (to the extent that ECOC has such a listing), including, specifically the filing of an SEC Form 15.


Sale Location

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2301 W. Bid Beaver Road, Suite 777
Troy, MI, 48084

Additional Details

Auction Time: 10:00 AM

Bid Deadline: September 16, 2014
Bid deposit amount: $10,000

Last Date to Respond – 21 Days from Date of Service
Date of Service – August 21, 2014



Other Information

Terms and Conditions:

See attached.


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