NOTICE
NOTIFICATION OF
PUBLIC DISPOSITION OF COLLATERAL
To: Teknetix, Inc. (Debtor) 2501 Garfield Avenue
Parkersburg, WV 26101
Florence Management Company, LLC(Debtor)
2501 Garfield Avenue
Parkersburg, WV 26101
From: WesBanco Bank, Inc. (Secured Party)
One Bank Plaza
Wheeling, WV 26003
By virtue of the default by Teknetix, Inc. and Florence Management Company, LLC under the Commercial Security Agreement dated July 1, 2014, and the debt secured thereby, executed by them, as debtors, and by WesBanco Bank, Inc., as secured party, notice is hereby given that Secured Party will sell all right, title and interest in and to all furniture, fixtures and equipment owned by Teknetix, Inc. and Florence Management Company, LLC in an auction conducted by GA Global Partners which shall end at 11:00 A.M. EDT September 15, 2016 (“Auction End Time”). Bidding will continue until the Auction End Time, and each item will be sold to the highest qualified bidder. Buyers will pay an 18% buyer’s premium in addition to the bid. Additional details of the Auction and the furniture, fixtures and equipment (“Assets”) to be sold are available at:
www.gaauction.com
go to the Teknetix Auction. Details of the auction are also available from Paul Brown (203-313-8935), and the furniture, fixtures and equipment to be sold will be available for viewing by contacting Paul Brown.
Items For Sale Include:
Manufacturing
Equipment
*(2) Sanyo / Universal Instruments Model 4796R/A HSP Chip Shooters
*(2) Universal Instruments GSM II Placement Machines, with 2 Flex Heads and 2 Cameras, PTF’s
*Vitronics SMD-722 Reflow Oven
*Research In. Micro-Flo MF-II Oven
*YesTech YTV-2050 AOI
*(2) DEK-Tec DN-400 Wave Solders
*Genrad Pilot LX-540 Flying Probe
*(2) PDR IR Rework Stations
*EuBanks Wire Stripper Model 4900-01M
*Aqueous Technologies C3 Cleanliness Tester (for board contamination)
*Speedline MPM Ultra Print 2000/B Screen Printer (can use as stand alone or in-line)
*Speedline MPM AP Excel Screen Printer (2 Units Available)DEK 265 Screen Printer
Feeders
*24mm x 8mm / 16mm x 12mm Index Feeders
*12mm x 8mm / 8mm x 4mm Index Feeders
*Trays and Carts
Plant Support and Miscellaneous Equipment
*Slaughter 2510 High Pot Tester
*Unitron ZSM Stereo Microscopes
*Fluke Multimeters
*Fanton Full Web Hand Stretch Wrapper
*Upright X20 Scissor Lift
*Pallet Racking with Wire Decking
*Metro Carts
*Office Furniture
*Conference Room Furniture
ADDITIONAL ASSETS TO BE LISTED AT www.goauction.com.
Should any part of the “Assets” not sell at the public disposition stated above, Secured Party may sell, lease, or otherwise dispose of in a commercially reasonable manner such unsold Assets privately sometime after the Auction End Time.
All Assets will be sold “AS-IS, WHERE-IS” and there is no warranty relating to title, possession, quiet enjoyment, or the like in this disposition.
You are entitled to an accounting of the unpaid indebtedness secured by the Collateral that we intend to sell, lease, or otherwise dispose of in a commercially reasonable manner for a charge of $200.00. You may request an accounting by calling Denise Knouse-Snyder, Esq. with Phillips, Gardill, Kaiser & Altmeyer, PLLC at 304-232-6810.
August 18, 2016
Denise H. Knouse Snyder
s/ Denise H.
Knouse Snyder
Denise H. Knouse Snyder
Counsel for WesBanco Bank, Inc.
Int. Aug. 22, 29, 2016
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