Taken from http://www.bankruptcysales.com/view_assets4.cfm?ID=6349
Has a sale date been set No
Date asset was posted 06/14/2007
Property location Utah
Bankruptcy case number 07-10374 (CSS)
Bankruptcy case name U. S. Digital, Inc.
Trustee name Jeoffrey L. Burtch
Contact information dpaddy@bellatlantic.net
Asset Listing expires 09/14/2007
Asset description...
On March 26, 2007, USDigital, Inc. (the "Debtor") filed a voluntary petition for relief under Chapter 11 of title 11 of the United States Bankruptcy Code. Jeoffrey L. Burtch was appointed as interim trustee (the "Trustee") for the Chapter 7 estate.
According to information provided to the Trustee by the Debtor and other third party sources, the Debtor was in the business of satellite broadband communications, and provided television signals to end users in Utah, Dallas, Texas, Albuquerque, New Mexico, Nevada, and other geographical locations. The Debtor no longer operates a business, and the Trustee is not operating any business.
There are assets of the Debtor, which the Trustee desires to liquidate to cash. The assets include but are not limited to:
(1) Approximately 6,600 Hisense DB-2010 Digital Receivers (Set top boxes) located in Draper, Utah. Time is of the essence with respect to this asset. These set top boxes are designed to deliver over-the-air digital television signals to either an HDTV-ready TV or standard analog television set and are designed to be fully ATSC compliant. According to the Debtor, the set top boxes receives 8VSB digital signals; AC3 digital surround sound, and require a VHF/UHF antenna.
(2) A non-exclusive license with no sublicensing rights for any software loaded on these Set-top boxes, including but not limited to source code loaded on such boxes.
More information about these and other assets of the Debtor may be learned by viewing docket entries for Case No. 07-10374 (CSS) within the Pacer system for the United States Bankruptcy Court for the District of Delaware. There is no current bid deadline for these assets. The Trustee has made no decision as to whether the above assets will be sold independent of each other or bundled
This is a Chapter 7 sale--All sales of such assets of the Chapter 7 Estate will be on an AS IS, WHERE IS basis, with no special warranties, or conditions subsequent and will be for immediately available funds. All sales are subject to higher and better offers, and approval of the United States Bankruptcy Court. Good faith inquiries should be directed to dpaddy@bellatlantic.net. Offers for any or all of the assets should be emailed to dpaddy@bellatlantic.net and indicate acceptance of the above material terms and the cash price of the offer. Interested parties should also revisit this website frequently. As the Trustee learns more about these and other assets for sale, this website may be updated.
