ABC Services Group, Inc. is soliciting competing offers to sell the remaining assets of MotionLoft, Inc., which was engaged in the manufacture and sale of ViMo, its weatherized sensor which provides real-time, accurate and anonymized pedestrian and vehicle data rain or shine. A super sensor with unprecedented capabilities, ViMo connects to the cloud wirelessly by LTE or WLAN without requiring additional infrastructure. For more information on MotionLoft and its Technology, please visit their website at https://motionloft.com/technology/.
All Assets are being sold IN BULK to the highest qualified bidder at a public sale which includes all of debtor’s assets including but not limited to intellectual property, patents, customer list, data, sensors, tooling, general intangibles and work-in-process.
The sale will be a public sale, by auction, with reserve. At the present time, the Debtor is obligated to Secured Party in the amount of approximately $26M. To participate in the sale, Bidders must submit written copies of their Bid to Seller no later than 5:00pm (PST) on March 2, 2020. The Purchase Price must be paid by wire transfer, certified check, or a cashier’s check in lawful money of the United States no later than the close of business on March 6. 2020, except Secured Party, may credit bid as set forth above.
To obtain access to the Data Room, please sign and return for each interested party, the Non- Disclosure Agreement (see executable button below that will direct you to the Non- Disclosure Agreement). Upon receipt of the signed NDA, ABC Services Group, Inc., will forward you a link via email to allow access to the MotionLoft Data Room. The information located in the Data Room is provided for informational purposes only and is subject to bidder’s verification. ABC Services Group, Inc. makes no representations or warranties as to the accuracy or completeness of the information provided.
If you require additional information, please contact the undersigned at (949) 922-1211, or via email at chuck@abcservices.group. Charles Klaus ABC Services Group, Inc.
NDA:
Thank you for your interest in this matter. Please sign and return for each interested party, the enclosed Non-Disclosure Agreement (“NDA”). Upon receipt of the signed NDA, ABC Services Group, Inc., will countersign and return a copy of the NDA for your files together with a link to the MotionLoft Data Room. The information located in the Data Room is provided for informational purposes only and is subject to bidder’s verification. ABC Services Group, Inc. makes no representations or warranties as to the accuracy or completeness of the information provided.
Please return your signed NDA via email to: reply@abcservices.group
If you require additional information, please contact:
Charles Klaus
(949) 922-1211
The sale location will be at the law offices of Felderstein Fitzgerald Willoughby Pascuzzi & Rios LLP, 500 Capital Mall, Suite 2250, Sacramento, CA 95814