© 2017 CMBG Advisors, Inc.

News

Star Agro Marine Inc.

Star Agro Marine, Inc. was an importer, processor, distributor, and wholesaler of seafood headquartered in Pasadena, CA.

The company underwent an Assignment for the Benefit of Creditors on November 30, 2017. After diligent marketing and negotiations, CMBG expeditiously closed an asset purchase agreement with Monarch Trading LLC, a Vernon, CA based company.

CMBG has sent out creditor notices to Star Agro Marine Inc. creditors. All forms must be received by June 13, 2018.

If you are a potential claimant and have not received a claim form, please contact us here.

FRESHOLOGY, INC.

Freshology, Inc., was a gourmet meal preparation and delivery service company, based in Burbank, CA, that had been in business for over a decade.

 

The company elected to undergo an Assignment for the Benefit of Creditors on December 13, 2016. Creditor notices have been sent out.

 

If you are a potential claimant and have not received a claim form, please contact us. All claim forms must be received by June 12, 2017.

 

VALUE MEATS dba CHARLIE'S PRIDE MEATS

Value Meats dba Charlies Pride Meats, founded in 1969, was a Los Angeles based meat processing and distributing company.

 

The company underwent an Assignment for the Benefit of Creditors in October, 2016. Creditor notices have been sent out.

 

If you are a potential claimant and have not received a claim form, please contact us here. All claim forms must be received by April 27, 2017.

SWITCHRAY, INC.

Switchray, Inc., a leading vendor of telecommunication software, delivered state-of-the-art communication service platforms to telecom carriers worldwide.

Switchray underwent an Assignment for the Benefit of Creditors in mid-August 2016. Creditor notices were sent out in September, 2016.

If you are a potential claimant and did not receive a claim form, please email us here. All claim forms must be received by February 23, 2017.

FLEURISH INC.

 

Fleurish, the first Design-It-Yourself flower studio, grew from a concept rooted in bringing high-quality professionally styled arrangements to a place where customers could build their own bouquets.

Fleurish engaged CMBG Advisers to initiate an Assignment for the Benefit of Creditors at the end of June 2016.

 

CMBG sent out claim forms to all current and potential claimants on record.

 

If you are a potential claimant, please contact us here.  Note that all claimant requests must be received by no later than January 6, 2017.

 

 

 

MODERN GOV IT

 

Modern Gov IT, Inc. was a reseller of IT hardware and software to Federal Agencies and affiliates of the U.S. Government. Modern Gov sold technology through its GSA Schedule GS-35F-0372N, Teaming Agreements as well as on the Open-Market.

CMBG Advisers became the assignee for ModernGov IT in April 2016.

 

 

ZIRTUAL INC.

 

Zirtual, a company dedicated to providing virtual assistants to busy professionals, engaged CMBG Advisers for an Assignment for the Benefit of Creditors in August 2015.

Over the course of days, CMBG assisted in Zirtual’s wind down and facilitated the acquisition by Startups.co CEO Wil Schroter.

 

Pending the outcome of an on-going Federal lawsuit, CMBG will disperse final pay outs to verified claimants.

 

Press:

http://fortune.com/2015/08/13/zirtual-maren-kate-donovan-2/ 

 

http://www.forbes.com/sites/patrickhanlon/2015/08/16/zirtual-crashed-but-can-its-brand-still-fly/#22f69bd42335

 

FLANIGAN FARMS

 

Flanigan Farms was a dried fruit and nut manufacturer with a strong historic presence in California. The company went into an Assignment for the Benefit of Creditors in January 2015, naming CMBG Advisers as its assignee.

CMBG seamlessly wound the company down, which included a successful negotiation and sale of the company. Additionally, CMBG identified buyers and facilitated the sale of the former company’s commercial office building.

 

All claimants have since been paid out and this assignment is now closed with disbursements completed.