This morning I opened my copy of the Chicago tribune to some sad news. Action village has been foreclosed on and seized by there lender. Liquidation sale is slated for Thursday May 19th. Yes they sold alot of other action sports equipment ,but they also were a very large supporter paintball. bellow is a the classified ad and a link. Moderators please let me know if I have posted in properly.
trib add " NOTICE OF PUBLIC SALE OF PROPERTY OF ACTION VILLAGE, LLC UNDER UNIFORM COMMERCIAL CODE PLEASE TAKE NOTICE THAT on Thursday, May 19, 2011, at the hour of 11:00 a.m. Central Time, Spin Holdings, LLC ("Secured Party"), who is a secured creditor of Action Village, LLC ("Borrower"), will hold a public foreclosure sale at the offices of Secured Party's counsel set forth below under Section 9-610 of the Uniform Commercial Code of all of the collateral pledged to Secured Party by Borrower, which includes, without limitation, inventory, equipment, goods, general intangibles, computer hardware and software and related rights, fixtures and all proceeds of the foregoing. Action Village is an online retailer of skateboard, snowboard, paintball and biking equipment and related apparel located in Wood Dale, Illinois. The sale will be held on a "where is, as is" basis, without any representations and warranties, express or implied. There is no warranty relating to title, possession, quiet enjoyment or the like in this deposition. Secured Party reserves the right to offer the assets in bulk or in lots. Secured Party reserves the right to establish other reasonable bidding procedures and to have potential bidders demonstrate their ability to perform and close to the reasonable satisfaction of Secured Party. Secured Party reserves the right to credit bid at the auction. Secured Party also reserves the right to adjourn, continue or cancel the auction without further notice. Any parties interested in further information about these assets should counsel for the Secured Party set forth below or appear at the foreclosure sale at the time and date set forth above. Robert E. Richards, SNR DENTON US LLP, 233 South Wacker Drive, Suite 7800, Chicago, Illinois 60606, Phone (312) 876-8000, Facsimile (312) 876-7934, Email: email@example.com"
Link to trib