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Shares for Sale

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Shares for Sale



Price: $10,000.00


Other Item Info
Item #: txwbke_310316
Created: 06/13/2018
Category: Business Property > Investments > Stocks
Sale Date: None Set
Seller Info
Brian Engel
Trustee's Attorney
3809 Juniper Trace, Suite 205
Austin, TX 78738
512-687-2500
Bankruptcy Info
Case #: 1:16-bk-10345
Case Title: KLD Energy Technologies, Inc.
Court: Texas Western Bankruptcy Court
Chapter: 7
View Case Docket

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Description

Sale of the KLD Energy Technologies, Inc. primary property, and consequently the estate’s primary property, included rights in intellectual property and other general intangibles, including 8,000,000 shares of the common stock of KLD Nano-Grid Systems, Inc. (the “Shares”). The Shares were issued by KLD Nano- Grid Systems, Inc., and are represented by a certificate of shares.


Additional Details

Sale Price: (a.) $10,000.00 cash, payment of which is a condition precedent to the Trustee’s obligation to deliver the certificate(s) representing the Shares; (b.) The waiver and relinquishment of Nano-Grid’s claim, if any, to recover from the seller the full amount of claim 3.347 identified on the seller's Schedule E in the amount of $334,481.00 and which Nano-Grid values dollar for dollar at $342,789.88.

Last date to respond: 21 days from the date of service
Date of Service: June 11, 2018



Other Information

Terms and Conditions:

See Attached.


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