BOLDFACE Group, Inc. (BLBK)
Item 1.03 Bankruptcy or Receivership
On September 3, 2014, pursuant to an ex parte application by Hillair Capital Investments L.P, the Superior Court of the State of California, County of Los Angeles appointed David P. Stapleton (“Receiver”) as receiver to take possession, custody, and control of all of the assets of BOLDFACE Group, Inc., a Nevada corporation (the “Company”), subject to a hearing of an order to show cause scheduled for October 17, 2014.
The Receiver will have the usual and customary powers of a receiver to take control of and operate the Company’s business and property, including, in his sole discretion, operating the Company’s business as a going concern, operating the business for the purposes of facilitating a sale or liquidation of the Company’s property at any terms the Receiver deems reasonable under the circumstances, or shutting down and ceasing operations of all or a portion of the business of the Company.
The Company may file a response to the order to show cause no later than September 30, 2014. The Company may also file a response to the complaint no later than October 2, 2014.
|UGLYDOLL is a well-known artist created brand. What started as a drawing of a playful orange character known as Wage™ has turned into an "Uglyverse™" world of fun! In the "Uglyverse" ugly means unique and different and celebrating who you are inside and out is the new beautiful. Just as UGLYDOLL plush toys and accessories have no age barrier, having sold at retailers as diverse as Barney's New York, Museum shops and Toys R Us, this new character driven bath and body brand will to appeal to "boys" and "girls" of all ages. A digital and motion picture deal with Universal Pictures will further broaden the "Uglyverse". || |
1309 Pico Blvd., Suite A
Santa Monica, CA 90405
Capital Change=shs decreased by 1 for 100 split. Ex-date=05/16/2014.
|Market Value1 ||$3,889,786 ||a/o Nov 29, 2013 |
|Shares Outstanding ||1,549,296 |
|a/o May 16, 2014 |
a/o Nov 19, 2013
|Float ||61,450,116 ||a/o Nov 04, 2012 |
|Authorized Shares ||300,000,000 ||a/o Nov 04, 2012 |
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