Ichthus

INTANGIBLE ASSETS & INTELLECTUAL PROPERTY FOR SALE
Bidding Deadline: January 28, 2013 at 5:00 p.m. EST
GENERAL TERMS — Please read carefully.
The date for submission of bids on Ichthus intangible assets and intellectual property was extended to 5:00 p.m. EST on Monday, January 28, 2013. No bids will be accepted after the deadline! This is a closed bidding process, which means that bidders will not be able to compare their bids to others. All bids will remain confidential and are subject to approval of the Ichthus Board. The Board will review all bids to determine whether a bid or combination of bids maximizes the value of the items auctioned for the benefit of its creditors.
A reserve has been set on all items to be auctioned and the Board has the full discretion to decide whether a bid that has been submitted, but has not reached the set reserve will be accepted or whether further bidding will be considered. If multiple bids are substantially similar in amount, either on individual items or a combination thereof, the Board reserves the right to consider additional bidding if such bidding would maximize the value of its assets for the benefit of creditors.
All items sold are being sold on an AS IS WHERE IS basis and a buyer is only purchasing or being assigned whatever rights Ichthus may have to a given asset or bid item.
No conditional bids will be honored or considered unless the Board determines, in its sole discretion, that such conditions are reasonable and further maximize the value of assets for creditors. The Board reserves the right to modify the bidding process if it is determined that a modification in the process will benefit creditors. The auction may be cancelled at any time should the Board determine that creditors will be better served in some other disposition of its assets.
BID PACKAGES
Bidders may bid on three individual bid packages and a Combination Package that includes two of the individual packages, as described below. Bidders are encouraged to bid on the individual packages and the Combination Package in order to enhance their prospect of having a winning bid. The Board reserves the right to accept or reject bids on individual packages and the Combination Package, if such bids do not meet the reserve set by the Board. The Board may further accept or reject an individual or combination bid depending on whether such bid collectively maximizes the value of the assets for the benefit of creditors. As such, bidders are encouraged to make their best offer on all assets they seek to acquire both on the individual packages and the Combination Package, which will optimize the best chance of a winning bid.
Package 1 – Festival Package
The Festival Package includes the Ichthus festival name, Ichthus, the Ichthus website domain names (ichthus.org and ichthusfestival.org), the Ichthus Facebook page (with 26,000+ likes), the Ichthus Twitter account (@ichthusfestival) and the Ichthus festival staff and volunteer infrastructure contacts and operational documents.
Package 2 – Contacts Package
The Contacts Package includes the Ichthus festival mailing list (with approximately 42,000 names), the Ichthus festival text list (with approximately 6,800 names and cell phone numbers) and the Ichthus festival email list (with approximately 25,500 names).
Package 3 – Combined Package
The Combined Package is a combined bid for both the Festival Package and the Contacts Package, as described in Package 1 and Package 2 above.
Package 4 – Video/Photographic Package
The Video/Photographic Package includes all of the video footage (in varying formats) from the Ichthus festivals and a large catalogue of photographs (prints and electronic format) taken during the Ichthus festivals from 1970’s to the present. These items include video and photographs of speakers, artists and virtually every aspect of life that takes place during a given Ichthus festival.
The Board reserves the right to accept or reject any bids for this item that they believe, in their sole discretion, not only benefits creditors, but also preserves these materials for their historic values.
Should you have additional questions about the bidding process, please contact Ichthus CEO, Mark Vermillion at mark@ichthus.org or Mark E. Nichols at mnichols@wnsattorneys.com.
BIDDING PROCESS
1.	All bids must be submitted no later than 5:00 p.m. EST on Monday, January 28, 2013 by completing the electronic bidding form below.
2.	Ichthus will notify the highest or otherwise best bidder(s) of their winning bid by email no later than the end of the day on Friday, February 1, 2013.
3.	Once notified, a winning bidder will be required to make a deposit of 20% of their total accepted bid(s) by 5:00 p.m., Monday, February 4, 2013. Failure to do so will disqualify the bid and Ichthus will award the bid to next highest or otherwise best bidder(s), unless the Board, in their sole discretion, determines that an extension or waiver of the deposit is reasonable under the circumstances and notifies the bidder in writing of such extension or waiver.
4.	The final unpaid balance of the winning bid will be due on or before March 1, 2013. A winning bidder who fail to pay the final balance by the due date will have their bid disqualified and they will forfeit their deposit. Ichthus will then award the bid to next highest or otherwise best bidder(s).
For more information on the bidding process, email Ichthus’ attorney, Mark E. Nichols, at mnichols@wnsattorneys.com.

ELECTRONIC BIDDING FORM
Section 1A	Bidder Information: Business or Organization
Skip this section if bidder is an individual (complete Section 1B instead).

Business or Organization Making Bid
Name
Business or Organization Contact Information
Name
Address


Organizational Representative Making Bid
Name
Title
Email
Phone
Payment Source	Check / Money Order
	Wire Transfer
	Credit Card
Section 1b	Section 1B – Bidder Information: Individual(s)
Skip this section if bidder is a Business or Organization (complete Section 1A instead).
Person(s) Making Bid
Person(s) Making Bid
Address


Email
Phone
Payment Source	Check / Money Order
	Wire Transfer
	Credit Card

Section 2	Intangible Asset/Intellectual Property Package
Click on the box next to the package you wish to bid on.
	Package 1 – Festival Package
	The Festival Package includes the Ichthus festival name, Ichthus, the Ichthus website domain names (ichthus.org and ichthusfestival.org), the Ichthus Facebook page (with 26,000+ likes), the Ichthus Twitter account (@ichthusfestival) and the Ichthus festival staff and volunteer infrastructure contacts and operational documents.
	Amount of offer:
	Package 2 – Contacts Package
	The Contact Package includes the Ichthus festival mailing list (with approximately 42,000 names), the Ichthus festival text list (with approximately 6,800 names and cell phone numbers) and the Ichthus festival email list (with approximately 25,500 names).
	Amount of offer:
	Package 3 – Combined Package
	The Contact Package includes the Ichthus festival mailing list (with approximately 42,000 names), the Ichthus festival text list (with approximately 6,800 names and cell phone numbers) and the Ichthus festival email list (with approximately 25,500 names).
	Amount of offer:
	Package 4 – Video/Photographic Package
	The Video/Photographic Package includes all of the video footage (in varying formats) from the Ichthus festivals and a large catalogue of photographs (prints and electronic format) taken during the Ichthus festivals from 1970’s to the present. These items include video and photographs of speakers, artists and virtually every aspect of life that takes place during a given Ichthus festival.
	Amount of offer:
Section 3	Other Information (not required)
Share any addition information that you believe will give context to your offer. (Remember, Ichthus will award bids based on their maximum benefit to its creditors.)