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PennyStock Alert

02/06/19 6:44 PM

#18464 RE: VelvetJones #18462

The Debtors have demonstrated compelling circumstances and a good,
sufficient, and sound business purpose and justification for the immediate approval and
consummation of the Sale Transaction as contemplated by the Asset Purchase Agreement. In the
absence of a stay pending appeal, Buyer, being a good faith purchaser under section 363(m) of the
Bankruptcy Code, may close the sale contemplated by the Asset Purchase Agreement at any time
after entry of this Sale Order and shall not be subject to the stay provided by Bankruptcy Rules

PennyStock Alert

02/06/19 6:45 PM

#18465 RE: VelvetJones #18462

“immediate approval and
consummation of the Sale Transaction “

:)