Bankruptcy Auction: Opportunity to Purchase Interest in Established Cotton Gin

Description

Online Only Auction: Wednesday, October 2, 2019, through Friday, October 4th.

Bidding opens @ 11:00 AM, Bidding Closes @ 3PM ET.

Bankruptcy Sale: Minority (2.9%) Ownership of Jones County Cotton Gin, Inc.

Unique Opportunity to purchase an interest in established Cotton Gin.

Minimum Bid: $55,000 – Less than 50% below share’s Book Value of $129,036!

See Summary Terms, Contract of Sale and Terms & Conditions of Sale as well as other Property Information and Auction Information posted below.

Documents

Auction Information

Property Information

* Requires confirmation of Online Agreement

Terms & Conditions

  • Buyers Premium: No Buyers Premium!
  • Deposit Amount: See Terms & Conditions.

Auction Information

Property Information

* Requires confirmation of Online Agreement

  • Buyers Premium: No Buyers Premium!
  • Deposit Amount: See Terms & Conditions.

Auction Info:

  • Online Auction Starts:
    Wednesday, October 2nd @ 11:00 AM ET
    Online Auction Ends:
    Friday, October 4th @ 3:00 PM ET
  • Property Type
    Stock Shares
  • Property Location
    Online Auction
    Trenton, NC 28585
  • Auction Location
    On-Line

Property Map



Auction Contact(s):

Joshua Olshin

Sahar Berlin