Rainmaker Systems, Inc. (VCTL)

[HDOGTX]

VCTL 15-12g filing

http://archive.fast-edgar.com//20150810/AS25Q22CZW22TTG2222P2Z32QPWCZC223272/

8k from July

Item 8.01. Other Events

As previously disclosed in the Current Report on Form 8-K of Rainmaker Systems, Inc. (the "Company") filed with the Commission on July 2, 2015, the Company received a notification of disposition of collateral from the collateral agent for the holders of the Company's Convertible Notes and Supplemental Notes (the "Note Holders") notifying the Company that a foreclosure sale of all or substantially all of the Company's assets would take place on July 14, 2015.

On July 14, 2015, the Note Holders and collateral agent proceeded with the foreclosure sale of the Company's assets, and the Note Holders acquired all or substantially all of the Company's assets. The Note Holders have initiated the transition of the ViewCentral business to a separate legal entity that intends to continue existing contractual agreements with the Company's ViewCentral customers.
The Company intends to continue to operate the ViewCentral business under a service arrangement during this transition period, after which the Company and its subsidiaries will be dissolved.