The assets will be grouped together as one all-inclusive auction lot to be sold to the highest bidder.
SAN DIEGO, May 14, 2019 /PRNewswire/ -- By Order of US Bankruptcy Court Eastern District of North Carolina Case # 15-06193-5-SWH
Sealed-Bid Auction of all Remaining Assets of Martin Manufacturing, including:
- Patents
- Equipment
- Materials Inventory
The assets will be grouped together as one all-inclusive auction lot to be sold to the highest bidder.
Bid Submission Deadline – June 14, 2019 – 5pm Pacific
Martin Manufacturing’s flagship product, the Chair-A-Table® was an FDA approved “Safe Patient Handling” system comprised of two integrated components:
1. Procedure I Exam Table
2. Docking Wheelchair
The functioning of the Chair-A-Table system significantly reduced the danger of injury (to both patient and caregiver alike) via the docking of the wheelchair to the exam table and the motorized transition of the wheelchair into the exam table.
This eliminated the dangerous necessity of lifting the patient from the wheelchair onto an exam table – and likewise from the exam table back into the wheelchair. The Chair-A-Table system promoted patient and caregiver safety, facilitated physician access to the patient, and importantly promoted the dignity of the patient throughout the process.
Many State Legislatures have instituted Safe Patient Handling requirements. Studies have demonstrated that investment in Safe Patient Handling systems reduce costs to health care facilities.
Click Here to View Video Demonstrating the “Chair-A-Table”
Click Here to View Interactive Analysis of the Martin Manufacturing Patent Portfolio. Input the passcode Martin where requested. Additional interactive analysis is available by utilizing the navigation links on the left-hand side of the resulting page.
About Heritage Global Inc. www.heritageglobalinc.com
Heritage Global Inc. (OTCQB: HGBL) (CSE: HGP) is a value-driven, innovative leader in corporate and financial asset liquidation transactions, valuations and advisory services. Heritage Global focuses on identifying, valuing, acquiring and monetizing underlying tangible and intangible assets in twenty-eight global manufacturing and technology sectors. Heritage Global acts as an adviser, as well as a principal, acquiring or brokering turnkey manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, accounts receivable portfolios, intellectual property, and entire business enterprises.
About Heritage Global Patents & Trademarks
Heritage Global Patents & Trademarks is the Intellectual Property Division of Heritage Global Inc. and provides a platform for corporations to monetize non-commercialized, non-core, and non-strategic patents representing only ongoing costs - but whose market value deteriorates with every year of non-use.
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Company Codes: CNSX:HGP, OTC-PINK:HGBL, OTC-QB:HGBL
