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PUBLIC NOTICE OF ARTICLE 9 SALE: Forte Automation Systems, Inc.

NOTICE OF PUBLIC SALE UNDER ARTICLE 9 OF THE UCC OF COLLATERAL INVOLVING FORTE AUTOMATION SYSTEMS, INC.

1. Executive Summary. This is a public notice regarding the public sale (the “Auction”) to the highest bidder of the collateral (the “Assets”) described in #6 below. The public sale will be held on July 31, 2019, 12:00 p.m. CST by the secured lender (“Secured Party”) who has a duly perfected first-priority secured creditor with respect to all present and future debts, obligations and liabilities of Forte Automation Systems, Inc. (the “Debtor”).

2. Loan Agreement. The Secured Party’s rights arose pursuant to that Loan Agreement dated as of May 14, 2014 (as amended, supplemented, or otherwise modified from time to time, the “Loan Agreement”) and the security interests granted by the Security Agreement dated May 14, 2014, by Debtor to Secured Party and the security interests granted by that Patent Security Agreement dated September 19, 2016 by Toby Henderson (“Henderson” and, together with Debtor, “Grantors”) in favor of Secured Party.

3. Auction Location. The Auction will take place at the office of the law firm of Foley & Lardner LLP, 321 N. Clark Street, Suite 2800, Chicago, Illinois 60654, by Foley & Lardner LLP on behalf of Secured Party.

4. Bid Procedures.

  1. In addition to this Notice of Sale, the sale shall be governed by Additional Bid Procedures which may be obtained by contacting Constadinos Tsitsis at Silverman Consulting, 5750 Old Orchard Road, Suite 520 Skokie, IL 60077, CTsitsis@silvermanconsulting.net.
  2. Prospective bidders wishing to bid will be required to wire to the Foley & Lardner LLP Trust Account c/o William J. McKenna, a deposit of $50,000.00 by 2:00 p.m. CST on July 24, 2019.
  3. Any prospective purchaser who is the highest bidder, other than Secured Party, will be required to pay the purchase price of the Assets (i) at the time of such public sale, and (ii) in cash, by cashier’s check, or in other immediately available funds. Secured Party and its assignee have the right to credit bid its debt.
  4. If Secured Party or its assignee is the highest bidder at such public sale, Secured Party or its assignee may pay the purchase price of the Assets, in whole or in part, by crediting the amount of such purchase price against the balance of the unpaid indebtedness evidenced by Loan Agreement and the promissory notes issued by the Debtor to Secured Party pursuant to the Loan Agreement.
  5. Secured Party reserves the right to announce procedures governing the process of the sale at the commencement of the sale and further reserves the right to add or delete collateral from the sale at the time of the scheduled sale. If the highest cash bidder fails to tender payment immediately after the conclusion of the sale (which Secured Party may extend until two (2) hours after the sale), Secured Party reserves the right to declare the next highest bidder the successful bidder of the Assets.
  6. The sale may be adjourned from time to time and notice of any adjourned sale date will be given only at the time of the scheduled sale and to those who attend the sale.
  7. Any prospective bidder is responsible for investigating the Assets, and making its own determination as to the appropriateness of bidding at the public sale, and assumes all risks associated with any inspection of the Assets or the accuracies or completeness of the Assets, including any books and records pertaining thereto.
  8. All capitalized definitional terms used herein and not otherwise defined shall have the respective meanings ascribed to such terms in the Uniform Commercial Code presently and hereafter enacted in the State of Illinois.
  9. THE ASSETS ARE BEING SOLD AS-IS, WHERE-IS, WITH ALL FAULTS, AND WITHOUT ANY REPRESENTATIONS OR WARRANTIES OF ANY NATURE, INCLUDING BUT NOT LIMITED TO THOSE EXPRESS, IMPLIED OR STATUTORY AND WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. SECURED PARTY DOES NOT REPRESENT OR WARRANT THAT THE GRANTORS HAVE TITLE TO ALL THE ASSETS. HIGHEST BIDDER SHALL RECEIVE A BILL OF SALE FOR THE ASSETS THAT CONTAINS THE ABOVE DISCLAIMERS.

5. Further Information. For further information regarding the sale or to arrange to inspect the Assets or review documents relating to the Assets to be sold, please contact Constadinos Tsitsis at Silverman Consulting, 5750 Old Orchard Road, Suite 520 Skokie, IL 60077, CTsitsis@silvermanconsulting.net.

6. Collateral. The Assets consist of all personal property, and any right, title or interest therein, which any Grantor owns or otherwise holds any interest in (but for clarity, the Assets do not include any lease of real property in which any Grantors are lessee, including any extensions, modifications, assignments, assumptions, subleases or amendments thereto), including but not limited to the following:

  1. All Equipment, including, without limitation: 1. MSC Model 09518853 9″ x 14½” Horizontal Band Saw S/N 51956 (1997); 2. ½-Ton Wall Mounted Jib Hoist; 3. ½-Ton Wall Mounted Jib Hoist; 4. Yale Model L83F100SBS071, 10,000 lb. Cap. LPG Forklift Truck S/N 293813; 100″ Lift Height; 5. ROMER Infinite 2.0 Model 192.168.0.100 Arm Portable Coordinate Measuring Machine; 6. Nissan Model CPH02A20V 4,000 lb. Cap. LPG Forklift S/N CPH02-002280; Side Shift; 7. Terek/Marklift Model CH30EP Man Lift/Scissors Lift S/N 23112; 8. 20-Ton H-Frame Press; 9. Bridgeport 1-HP Vertical Milling Machine S/N 12BR44597 (1959); 9″ x 42″ T-Slot Table, Power To Table; 10. Enco 15″ Floor Type Drill Press S/N 126-2107 (1993); 11. Hytorc Hydraulic Wrench; 12. Induction Bearing Heater; 13. Welding Cart; Hose, Torch and Gage; 14. Lincoln Flextec 450 Multi-Purpose Welder with Wire Feed; 15. Lincoln Flextec 450 Multi-Purpose Welder with Wire Feed; 16. Lincoln Flextec 450 Multi-Purpose Welder with Wire Feed; 17. Lincoln Flextec 450 Multi-Purpose Welder with Wire Feed; 18. Lincoln Flextec 450 Multi-Purpose Welder with Wire Feed; 19. Lincoln Flextec 450 Multi-Purpose Welder with Wire Feed; 20. Lincoln Flextec 450 Multi-Purpose Welder with Wire Feed; 21. Lincoln Flextec 450 Multi-Purpose Welder with Wire Feed; 22. Lincoln Flextec 450 Multi-Purpose Welder with Wire Feed; 23. Esab Model PCM-875 Plasma Cutter; 24. Miller Millermatic 250 Welder; 25. Bridgeport 1½-HP Vertical Milling Machine S/N 12BR130714 (1969); 9″ x 42″ T-Slot Table, Power To Table; 26. Cincinnati 1-HP Double End Pedestal Grinder; 27. DoAll 26″ Vertical Band Saw S/N 26461733; 28. Clausing 18″ Variable Speed Drill; 29. Welding Cart; Hose, Torch and Gage; 30. Welding Cart; Hose, Torch and Gage; 31. Welding Cart; Hose, Torch and Gage; 32. Welding Cart; Hose, Torch and Gage; 33. Welding Cart; Hose, Torch and Gage; 34. 12′ A-Frame with CM Loadstar 3-Ton Hoist; 35. Lincoln Flextec 450 Multi-Purpose Welder with Wire Feed; 36. Lincoln Flextec 450 Multi-Purpose Welder with Wire Feed; 37. Lincoln Flextec 450 Multi-Purpose Welder with Wire Feed; 38. Lincoln Flextec 450 Multi-Purpose Welder with Wire Feed; 39. Miller Synchrowave 250 Welder with Wire Feed; 40. Cincinnati 1-HP Buffing Lathe; 41. Banding Cart; 42. Illinois 30-Ton H-Frame Press; 43. Fanuc Arc Mate 100iB Welding Robot (1992); 44. Lincoln Power Wave Welder; 45. Hyster 10,000 Lbs. Model E100XL Electric Fork Lift S/N C098V02298M(1999): Side Shift; 46. Double End Carbide Grinder; 47. Howa Model 1500, 17′ x 60″ Engine Lathe S/N 12260 (1997); 7-1500 RPM; 48. Cincinnati Milacron Maxim 500 Pallet changer S/N 3631A0194-0029; Acromatic 950 Controls, 40-Position Automatic Tool Changer, Chip Conveyor; 49. Devlieg Model 2B-36 Spiramatic Jig Mill S/N 7-219; 2-Axis Digital Read Out, 42-2,000 RPM; 50. Sharp 3-HP Vertical Turret Type Milling Machine S/N 51223234; 9″ x 50″ T-Slot Table; 51. Bridgeport 2-HP Vertical Turret Type Milling Machine S/N 12BR271784; 2-Axis Digital Read Out, 80-4200 RPM, 9″ x 42″ T-Slot Table, Power To Table, Power Draw Bar, 4″ Riser Block; 52. Bridgeport 2-HP Vertical Turret Type Milling Machine S/N 12BR263922; 2-Axis Digital Read Out, 80-4200 RPM, 9″ x 42″ T-Slot Table, Power To Table, 4″ Riser Block; 53. Bridgeport 2-HP Vertical Turret Type Milling Machine S/N 12BR269789; 2-Axis Digital Read Out, 80-4200 RPM, 9″ x 42″ T-Slot Table, Power To Table, Power Draw Bar, 4″ Riser Block; 54. Fanuc Robocut Model A-1iB Electrical Discharge Machine S/N 01281163 (2/12); Fanuc 180iS-W Controls; 55. Fanuc Robocut Model A-1C Wire Electrical Discharge Machine S/N 9701C0590 (1997); Fanuc 16W Controls; 56. Wall Mounted Jib Crane with R&H ½-Ton Electric Hoist; 57. Fanuc Robocut Model A-OC Wire Electrical Discharge Machine S/N 98300C037 (1998); Fanuc 16W Controls; 58. Haas Model VF-OE Vertical Machining Center S/N 11863 (10/1997); 24-Position Automatic Tool Changer, Screw Type Chip Conveyor; 59. 1″ Belt Sander; 60. Amada Model HFA-250 Horizontal Band Saw S/N 2506-0279 (1993); 61. Haas Model VF-6/50 Vertical Machining Center S/N 1101054 (2013); 30-Position Automatic Tool Changer, Screw Type Chip Conveyor; 62. Boyar-Shultz 6″ x 18″ Hand Feed Surface Grinder S/N C-46; 63. Cincinnati Model Maxim – 500 Pallet Changer S/N 3631A0192-0015; 40-Position Automatic Tool Changer; 64. Devlieg Model 4B-120 Jig Mill S/N 5-214; 65. Devlieg Model 4B-120 Jig Mill S/N N.A; 66. Devlieg Model 43H-48 Spiramatic S/N 8976; 67. Haas Model HS-3 Horizontal Machining Center S/N 50728 (1999); 28-Position Automatic Tool Changer, 30-HP; 68. Ingersoll Rand Model T-30, 2-Stage Piston Type Air Compressor; 69. Devlieg Spiramatic S/N 2-260 (1961); 60″, 2-Axis Digital Read Out; 70. Devlieg Model 4K-60 Spiramatic S/N 8931 (1968) ; 71. Atlas Copco Model GA37 Rotary Screw Type Air Compressor; Air Reviving Tank; 72. 18′ x 12′ x 8′ Filter Back Paint Spray Booth; 5’x 4′ x 7′ Filter Back Touch Up Booth; 73. Cincinnati Sabre 500 S/N 7040-A00-92-0133; 24-Position Automatic Tool Changer (NOT IN SERVICE) ; 74. Ridgid Model 300 Pipe Threader with Tri-Stand; 75. Milwaukee Model MC6480, 8′ Panel Saw S/N 797A40148-0087; 76. CG Model MM15E-09-797-1, 2-Head Plasma/Oxygen Cutter S/N G471 (2012) ; CNC Controls, 12′ x 25′ Wet Table, Innerlogic Plasma Systems Proline 2208 Supply; 77. Metronor Coordinate Measuring Machine (2008) ; 78. LOT: Shop Equipment Including But Not Limited To: CNC Tooling Packages, Perishable Tooling, Riding Mower, Shop Fans, Dollies, Air Cleaners, Lifting Magnets, Chain, Slings, Machine Tooling, Precision Tooling, Shop Furniture, Etc.; 79. LOT: Office Furniture, Business Machines and Computers Including But Not Limited To; Computers, Monitors, Workstations, Plotters, Printers, Fax Machines, Servers, Cameras, Desks, Chairs, Tables, File Cabinets, Etc.; 80. 2004 GMC Sierra 1500 VIN: 1GTEC14XG4Z20223 (INCOMPLETE VIN NUMBER) ; 81. US Electric Double End Grinder S/N 428996; 82. Milwaukee Abrasive Cut-Off Saw; 83. Central Machinery Double End Grinder; 84. Jobox Type Storage Container; 85. Jobox Type Storage Container; 86. Jobox Type Storage Container; 87. Diagraph Stencil Cutter; 88. Fire Proof Cabinet; 89. Fire Proof Cabinet; 90. Fire Proof Cabinet; 91. Magnetic Base Drill; 92. Magnetic Base Drill; 93. Enerpac Hydraulic System; 94. Enerpac Hydraulic System; 95. DoAll 18″ Model ML Vertical Band Saw S/N 459987 (1945); 96. LOT: Conco-Tellus 3 Ton X 42′ (approx.) Underslung Bridge Crane Pendent Control, Whiting 5 Ton X 42′ (approx.) Underslung Bridge Crane Pendent Control, 120′ (approx.) Runway; 97. Conco-Tellus 10 Ton X 42′ (approx.) Top Running Double Girder Bridge Crane S/N 3830: With 120′ (approx.) Runway; 98. Conco-Tellus 3 Ton X 42′ (approx.) Underslung Bridge Crane, 120′ (approx.) Runway;
  2. all Inventory, including, without limitation: 310QD03-271 Gear Segment (Qty.: 436 EACH) ; 056-L3 SMALLEY WAVE SPRING (Qty.: 1 EACH) ; 024794 BOTTOM WRIST COVER (Qty.: 5 EACH) ; 024795 TOP WRIST COVER (Qty.: 3 EACH) ; 07193 DUAL CARTRIDGE RESPIRATOR, LG. (Qty.: 1 EACH) ; 140U-D6D3-B20 AB Circuit Breaker, 3P UL489 (Qty.: 5 EACH) ; 160-BA02NPS1P1 AB SPEED CONTROL, 380-460V (Qty.: 3 EACH) ; 1784KTX AB COMMUNICATION INTERFACE CAR (Qty.: 1 EACH); 192061-01 National Instruments Cable, 1M (Qty.: 1 EACH) ; 2-487406-4 TYCO Crimp Contact, Socket, Go (Qty.: 50 EACH) ; 26841-R1 (Qty.: 10 EACH) ; 26841-R2 (Qty.: 2 EACH) ; 3461T22 St. Steel Rope, Flexible, 1/4″ (Qty.: 2 EACH) ; 3473T211 Plug-lock Wire Rope Fitting Cl (Qty.: 2 EACH) ; 3475T887 Plug-lock Wire Rope Fitting St (Qty.: 2 EACH) ; 3628T23 Pulley w/Easy-Turn Bearings, S (Qty.: 2 EACH) ; 5SX2306-8 SIEMENS CIRCUIT BREAKER, 6-AMP (Qty.: 2 EACH); 700DC-PK400Z24 AB RELAY, 4P 24VDC (Qty.: 1 EACH); 75E20S4-M125EAF JR3 Load Sensor w/10’2 X 8 Shi (Qty.: 4 EACH); 777141-01 National Instruments I/O Conne (Qty.: 1 EACH); 7950K46 Insulated Wire Ferrule, 26-24 (Qty.: 2 EACH); 800F-PN3W AB Power Module w/Latch, White (Qty.: 1 EACH); 800F-X01 AB CONTACT BLOCK, 1 N/C, 3-ACR (Qty.: 1 EACH); 800F-X10 AB Contact Block, 1 N.O. (Qty.: 2 EACH); 800FP-LSB37 AB Selector Switch, 3-Pos., Sp (Qty.: 1 EACH); 91732A262 M6 – 1 Helicoil Inserts, 1.5D, (Qty.: 2 EACH); 9452K19 O-Ring, 7/16″ O.D. x 5/16″ I.D (Qty.: 2 EACH); 9452K337 O-Rings, 7/16″ O.D. x 3/16″ I. (Qty.: 1 EACH); 9489K269 1″ Nylon Adhesive Backed Hook, (Qty.: 2 EACH); 95-339 COMPONET B DURATHANE DTM (Qty.: 1 EACH); A-36 (Qty.: 30,911.61 PACK); ADEPT ROBOT ADEPT I-ROBOT (Qty.: 1 PKG.); AO8B-9610-J611 EDM CD and Dongle (Qty.: 1 PKG.); CLM-100-DPY CARR-LANE DIAMOND PIN (MED. FI (Qty.: 1 EACH); CLM-100-RP CARR-LANE ROUND PIN (Qty.: 2 EACH); CR2032 Panasonic Lithium Battery, 3V, (Qty.: 30 EACH); DENSO Teach Pendant for Denso Robot, (Qty.: 1 EACH); FRONT COVER, LH Front Arm Cover, LH, #6961-100 (Qty.: 44 EACH); FRONT COVER, RH Front Arm Cover, RH, #6961-100 (Qty.: 44 EACH); HET1501 WASH THINNER (Qty.: 5 SET); J4389 M12-1.75mm 90DEG Grease Fittin (Qty.: 24 EACH); JG30A-20K Jensen Air Syringe & Stopper K (Qty.: 1 EACH); JG30A-XP Jensen XP Syringe Adapter, Blk (Qty.: 1 EACH); LINK COVER, LH Link Arm Cover, LH, #6961-1002 (Qty.: 60 EACH); LINK COVER, RH Link Arm Cover, LH, #6961-1002 (Qty.: 60 EACH); M3000-BOWL-F1Z (Qty.: 1 EACH); M631-106 Six-Axis Measurement Sensor (Qty.: 1 EACH); MOL2315N99 RESPIRATOR (Qty.: 10 EACH); NI3-EG08-AP6X-V Turck Prox Switch, #Ni3-EG08-A (Qty.: 47 EACH); NI3EG08KAP6X0.2 TURCK Ni3-EG08K-AP6X-0.2M-PSG3 (Qty.: 165 EACH); NI4-M12-VP6X-H1 TURCK #Ni4-M12-VP6X-H1141 PROX (Qty.: 76 EACH); OP-88148 Accessory for Vision System (Qty.: 1 EACH); P10008-A GM 4″ X 8″ TOUCHPAD w/CIRCUITS (Qty.: 368 EACH); PT02E14-19S AMPHENOL Box Mount Socket, Sz. (Qty.: 3 EACH); RAL9002 Sherwin Williams Paint, Gray/W (Qty.: 5 EACH); RESIN RESIN (Qty.: 2 EACH); RHC-1-R ROBOHAND ROBOT ADAPTOR (Qty.: 1 EACH); S202-D8 ABB CIRCUIT BREAKER, 2P, 8A (Qty.: 4 EACH); S203-D1 ABB Circuit Breaker, 3P, 1A (Qty.: 2 EACH); S4 SNAP-ON SPEEDER, 18-7/8″ (Qty.: 1 EACH); SEIKO 850 SEIKO 850 4 AXIS (Qty.: 1 EACH); SO1 Brewer Idler Shaft w/Shaft Col (Qty.: 2 EACH); VGP-AC19V42 AC Adapter Charger (Qty.: 1 EACH); YAMAHA ROBOT YAMAHA ROBOT (Qty.: 1 EACH) 1018 (Qty.: 1 EACH); 2656T62 40 mm Diam X 12″ Polyurethane (Qty.: 1 EACH); 9517K293 1018 STEEL 1/16 X 3/4″ X 24″ (Qty.: 4 EACH); A36 TOOL STEEL 8155 (Qty.: 68,479.05 EACH); ANGLE IRON (Qty.: 38 EACH); BLACK OXIDE (Qty.: 6 EACH); GLASS (Qty.: 4 EACH); STAINLESS STEEL (Qty.: 1 EACH); STEEL 12TH STREET (Qty.: 667,023 EACH);
  3. all Patents and all patent licenses providing for the grant by or to the Grantor of any right under any Patent, including, without limitation, Title: ROBOTIC ARM FOR PATIENT POSITIONING ASSEMBLY – Status: Issued – Application Number: 11/129,122 – Filing Date: 5/13/05 – Patent Number: 8160205 – Issue Date; 4/17/12 – Priority Date: 4/6/04; Title: ROBOTIC ARM FOR PATIENT POSITIONING ASSEMBLY – Status: Issued – Application Number: 13/612,660 – Filing Date: 9/12/12 – Patent Number: 8745789 – Issue Date; 6/10/14 – Priority Date: 4/6/04; Title: PATIENT POSITIONER SYSTEM – Status: Issued – Application Number: 12/208,807 – Filing Date: 9/11/08 – Patent Number: 9199372 – Issue Date; 12/1/15 – Priority Date: 9/13/07; Title: Patient Positioner System – Status: Issued – Application Number: 14/951,235 – Filing Date: 11/24/15 – Patent Number: 10154822 – Issue Date; 12/18/18 – Priority Date: 9/13/07; Title: Patient Positioner System – Status: Pending – Application Number: 16/222,983 – Filing Date: 12/17/18 – Priority Date: 9/13/07; Title: IMAGING POSITIONING SYSTEM HAVING ROBOTICALLY POSITIONED D-ARM – Status: Issued – Application Number: 12/208,852 – Filing Date: 9/11/08 – Patent Number: 7695192 – Issue Date; 4/13/10 – Priority Date: 9/13/07; Title: Inclined Beamline Motion Mechanism – Status: Issued – Application Number: 12/262,992 – Filing Date: 10/31/08 – Patent Number: 8394007 – Issue Date; 3/12/13 – Priority Date: 10/31/08; Title: INCLINED BEAMLINE MOTION MECHANISM – Status: Issued – Application Number: 13/760,612 – Filing Date: 2/6/13 – Patent Number: 8757877 – Issue Date; 6/24/14 – Priority Date: 10/31/08; Title: Inclined Beamline Motion Mechanism – Status: Issued – Application Number: 14/276,373 – Filing Date: 5/13/14 – Patent Number: 9132286 – Issue Date; 9/15/15 – Priority Date: 10/31/08; Title: ROBOTIC GANTRY WITH END EFFECTOR FOR PRODUCT LIFTING – Status: Issued – Application Number: 12/505,129 – Filing Date: 7/17/09 – Patent Number: 9592970 – Issue Date; 3/14/17 – Priority Date: 7/17/08; Title: ROBOTIC GANTRY WITH END EFFECTOR FOR PRODUCT LIFTING – Status: Abandoned – Application Number: 15/419,490 – Filing Date: 1/30/17 – Priority Date: 7/17/08; Title: ROBOTIC GANTRY WITH END EFFECTOR FOR PRODUCT LIFTING – Status: Pending – Application Number: 16/205,137 – Filing Date: 11/29/18 – Priority Date: 7/17/08;
  4. all reissues, reexaminations, continuations, continuations-in-part, divisionals, renewals and extensions of the foregoing; and
  5. all income, royalties and proceeds at any time due or payable or asserted under and with respect to any of the foregoing, including, without limitation, all rights to sue and recover at law or in equity for any past, present and future infringement, misappropriation, dilution, violation or other impairment thereof.

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