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Microcap & Penny Stocks : PLNI - Game Over
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To: scion who wrote (11933)1/10/2008 7:47:04 PM
From: scion   of 12518
 
IT IS HEREBY ORDERED, ADJUDGED, AND DECREED THAT,

A. The Murphy Entities shall be and are hereby granted immediate relief from the automatic stay to proceed with their state court remedies and foreclose on their respective security interests in Debtor Pro Mold’s personal property or PMI Collateral.

B. Debtor Pro Mold shall immediately surrender Debtor Pro Mold’s office and manufacturing facility to 10315 LLC.

C. The Murphy Entities may take immediate possession of and have beneficial use of the Pro Mold personal property or PMI Collateral and may use it in any lawful manner not inconsistent with their loan documents and Uniform Commercial Code Section 9-207 including operating the business in the ordinary course of business until the Murphy Entities foreclose upon the Pro Mold personal property or PMI Collateral.

D. Trustee Henry will immediately deliver to the Murphy Entities a cashier’s check equal to the amount of the cash on deposit in any Pro Mold bank account as of the date of the entry of this Order and the Murphy Entities will use the cash on deposit as described in paragraph C of this Order.

E. Oral findings of fact and conclusions made by the Court at the hearing are incorporated herein by reference in their entirety.

F. The automatic stay shall be and is hereby terminated as to the Pro Mold personal property or PMI Collateral.
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Doc 346
In Re: Case No. 07-50935
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