Here are my notes from the inspector's meeting on May 30th.
First of all total of accepted bids: $CAN 1.44 M!
This is great news as is pays off Fleet, will pay off the secured creditors
(e.g. first $2K of vacation pay) and will leave about a million for the
unsecured creditors.
There are a couple of tax credit claims which could total another
million (still dicey) which would get us close to 100 cents on the dollar!
Fleet is all paid off and Catena has taken over the building (as of June 1st). With luck checks may be sent out late in June!
Summary of who got what:
| Parcel | Company | Price Paid |
| 1A1 (MCP750 boards) | Some US company eventually | $1,500 |
| 1A2 (Baja) | No one | |
| 1A3 (Viper) | No one | |
| 1A4 (DS3 daughtercards) | No one | |
| 1A5 (parts) | Catena | 34,618 |
| 1B (used cPCI cards) | Esion | 20,000 |
| 2 (Furniture) | Catena | 160,000 |
| 3 (PBX & phones) | Momentus | 42,000 |
| 4 (Suns, PCs, Notebooks) | March Networks | 164,036 |
| 5 (Network and servers) | March Networks | 37,140 |
| 6A (DSP equipment) | Catena | 6,901 |
| 6B (Data verif equip) | Catena | 30,000 |
| 6C (Voice verif equip) | Catena | 181,142 |
| 6D (Network equip) | Catena | 172,516 |
| 6E (Lab infra) | Catena | 51,755 |
| 6F (Cisco) | Applion | 12,278 |
| 6G (Schlumberger) | Catena | 232,897 |
| 7A (H/W test equip) | Catena | 224,271 |
| 7B (48V power) | Catena | 16,900 |
| 7C (S/W dev equip [IXP]) | Sibercore | 1,500 |
| 8 (Sedona Networks 1000's H/W & IP) | Galazar | 15,000 |
| 9 (Sedona Networks 8000's H/W & IP) | Kestrel | 10,700 |
| 10 (vxWorks licenses) | No one | |
| 11A (test automation) | Rodrigo Geve | 1,500 |
| 11B (problem tracking) | No one | |
| 11C (NG IOP design) | No one | |
| 12A (Patents) | Tropic | 27,000 |
| 12B (Trademarks) | No one | |
| 13 (Lease) | Catena | 0 |
The package from Ernst & Young is here.
Here are HTML versions of the documents: