That was my take on it. Will there still be an auction though? I hope so, to make that bid go higher.
(edit) I just answered my own question. From the motion
"The reason for said adjournment is to permit a Bidder for the Property (defined below) who has submitted an Overbid additional time to deliver a deposit to the Debtor prior to the Auction."
I'd love to know what the overbid is......I guess we all would eh'
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