The armchair legal law review w Mr KET
https://document.epiq11.com/document/getdocumentbycode?docId=4357456&projectCode=NEV&source=DM
pg 18
The Debtors will also consider bids that take the form of a sale
of stock of one or more subsidiaries.
Description of the Assets to Be Auctioned
The Debtors are seeking to sell all of their assets as a going concern (or as a liquidation)
pursuant to the terms of the Form APA. These assets include, but are not limited to, the Debtors’
going-concern business, real property, unexpired leases, executory contracts, equipment,
inventory, supplies, intellectual property, insurance proceeds, prepaid expenses and deposits,
ownership interests, and books and records (collectively, the “Assets”), in each case, free and clear
of all liens, claims, interests, or other encumbrances, other than expressly assumed liabilities and
obligations, to the fullest extent permitted by the Bankruptcy Code.
Bid Deadline: Friday, September 6, 2024, at 12:00 p.m.
Auction: Tuesday, September 10, 2024, at 12:00 p.m.
with the consent of the DIP
Lenders, to select one or more Stalking Horse Bidders with respect to some or all of the Debtors’
Assets by no later than August 17, 2024, at 5:00 p.m., prevailing Pacific Time
Stalking Horse Agreement, in an aggregate amount not to exceed
three percent of the proposed Purchase Price. /// redacted -→> non refundable by the debtors estate.. IMHO a hobo cannot come in and bid 4 a bak hoe – promise to buy the mine,,,
otw – simply read the doket… the KETS arm chair lawyer review is over w cuttyNpastie 4 more purrs w/o furry