PUBLIC NOTICE OF PERSONAL PROPERTY SALE: TOOLING SOLUTIONS, INC., THE MASTER MACHINE GROUP, INC. AND 1515 COMMERCE LLC UNDER UNIFORM COMMERCIAL CODE

NOTICE OF PUBLIC SALE OF PERSONAL PROPERTY ASSETS OF

TOOLING SOLUTIONS, INC., THE MASTER MACHINE GROUP, INC. AND 1515 COMMERCE LLC UNDER UNIFORM COMMERCIAL CODE

PLEASE TAKE NOTICE THAT on September 6, 2024, at the hour of 10:00 a.m. Central Time, Core Industrial Finance & Capital, LLC (“Secured Creditor”) as secured creditor of Tooling Solutions, Inc., The Master Machine Group, Inc. and 1515 Commerce LLC (collectively the “Obligors”) will hold a publicly advertised foreclosure sale via Zoom under Section 9-610 of the Uniform Commercial Code of all of the personal property collateral pledged to Secured Creditor, including, without limitation, machinery and equipment, tooling and dies, inventory, raw materials, accounts receivable, tax refunds, general intangibles, contract rights, intellectual property, fixtures and all other personal property assets, other than any collateral specifically excluded by Secured Creditor in its discretion.  The Obligors are generally in the business of distribution metal working tools and inserts and other metals related business.

The sale will be held on a “where is, as is” basis, without any representations and warranties, express or implied.  There is no warranty relating to title, possession, quiet enjoyment, access or the like in this disposition.  Secured Creditor intends to offer the assets as a single lot.  Secured Creditor reserves the right to designate sublots.

Secured Creditor reserves the right to establish other reasonable bidding procedures and to have potential bidders demonstrate their ability to perform and close to the reasonable satisfaction of Secured Creditor.  Secured Creditor reserves the right to credit bid or to increase any credit bid price at the public sale.  Secured Creditor also reserves the right to adjourn, continue or cancel the public sale without further notice.  Qualified bidders may be permitted to submit written bids in advance or participate in the public sale via a Zoom conference call.

Any parties interested in further information about these assets should contact the counsel for the Secured Creditor as set forth below.

Robert E. Richards

DENTONS US LLP

233 South Wacker Drive, Suite 5900

Chicago, Illinois 60606

(312) 876-7396
[email protected]