NOTICE OF PUBLIC SALE OF PERSONAL PROPERTY ASSETS OF TEXAS GAMMA RAY, LLC, TULSA GAMMA RAY, INC., AND TGR OPERATING, LLC UNDER THE UNIFORM COMMERCIAL CODE
PLEASE TAKE NOTICE THAT on March 28, 2022, at the hour of 10:00 a.m. Central Time, Solutions Finance, LLC, as successor secured creditor (“Secured Creditor”) of Texas Gamma Ray, LLC, Tulsa Gamma Ray, Inc., and TGR Operating LLC (collectively, the “Borrower”) will hold a public foreclosure sale via Zoom under Section 9-610 of the Uniform Commercial Code of all of the personal property collateral pledged to Secured Creditor, including, without limitation, machinery and equipment, inventory, accounts receivable, general intangibles, contract rights, intellectual property and all other personal property assets, other than any collateral specifically excluded by Secured Creditor in its discretion. The Borrower is in the business of providing non-destructive testing (NDT) and heat-treating services.
The sale will be held on a “where is, as is” basis, without any representations and warranties, express or implied. There is no warranty relating to title, possession, quiet enjoyment, access or the like in this disposition. Secured Creditor intends to offer the assets as a single lot. Secured Creditor reserves the right to designate sublots, including for the Texas and Oklahoma assets.
Secured Creditor reserves the right to establish other reasonable bidding procedures and to have potential bidders demonstrate their ability to perform and close to the reasonable satisfaction of Secured Creditor. Secured Creditor reserves the right to credit bid or to increase any credit bid price at the public sale. Secured Creditor also reserves the right to adjourn, continue or cancel the public sale without further notice. Qualified bidders may be permitted to submit written bids in advance or participate in the public sale via conference call.
Any parties interested in further information about these assets should contact the counsel for the Secured Creditor as set forth below:
DailyDAC™ is the oldest, most trusted, and most widely used provider of public notices of asset sales and case commencements, and other important notices involving companies in financial distress in the United States and Canada. DailyDAC™ public notices are used by bankruptcy trustees, chapter 11 debtors in possession, federal and state court receivers, and secured parties disposing of their collateral under Article 9 of the Uniform Commercial Code or other state law trust (and their respective auction firms, law firms, and other agents). Learn more.
Many sales of distressed companies and distressed business assets are not widely advertised. If you are buyer of such companies or assets, you may be well served by becoming a paying subscriber to Distressed Deal Data™. Find out more.
PUBLIC NOTICE OF ARTICLE 7 SALE: FROZEN FOOD
PUBLIC NOTICE OF BANKRUPTCY AUCTION: Real Property in Queens, New York
PUBLIC NOTICE OF UCC SALE: Cross Borders, LLC
PUBLIC NOTICE OF ABC SALE: Platform Asset Holdings, LLC and Related Companies
PUBLIC NOTICE OF 363 SALE: Vanguard Wines, LLC
PUBLIC NOTICE OF UCC SALE: NXT Communications Corporation
Please log in again. The login page will open in a new tab. After logging in you can close it and return to this page.