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Auction of Assets of Mido Play, Inc., a Mobile Application for purchasing and fulfillment of lottery tickets

FOR IMMEDIATE RELEASE

SAN FRANCISCO, OCT 7, 2019 -- AUCTION OF THE ASSETS OF MIDO PLAY, INC, A
MOBILE APPLICATION FOR PURCHASE AND FULFILLMENT OF LOTTERY TICKETS
 
Mido Play, Inc. has developed a mobile application for the execution of a courier business
model, where end-customers use the mobile application to order state lottery tickets for their own
use, to play in groups with friends, or to give as gifts. The operator of the application is
responsible for the fulfillment of orders and the claiming of winnings on behalf of the customers.
The assets include a mobile app on both Android and iOS, a web wallet, a back-end software
runtime infrastructure to support the application, and associated source code, executable code,
fulfillment printers and scanners, and both issued and pending US patents that pertain to the
intellectual property behind the application.
The foregoing items of Mido Play, Inc. will be auctioned to the highest bidder or bidders, under
Article 9 of the Uniform Commercial Code, on Monday, October 28, 2019, at 10:00 a.m.  The
auction will take place at the offices of Sheppard, Mullin, Richter & Hampton LLP, Four
Embarcadero Center 17th Floor, San Francisco, California 94111 (the "Sale Location").  The
auctioned items may be auctioned individually, in parcels, or in bulk. 
 
More information regarding the auction items, including an offering memorandum and access to
a data room, as well as the opportunity to inspect the auction items, is available by contacting
Kevin Kramer at (415) 269-2872 or This email address is being protected from spambots. You need JavaScript enabled to view it.. Interested parties may be asked to
sign a confidentiality agreement.
 
The secured creditor with a lien on the items being auctioned may credit bid at the auction.  All
other interested bidders must pay by cash or cashier's check, or such other means that the secured
creditor may agree to, in its sole discretion, in advance of the auction. Any interested buyers
may be required to provide a deposit in advance of the auction.
 
The auction may be cancelled, postponed, or continued at any time.  The secured creditor
reserves the right to postpone the time and date of the sale.
 
THE SALE OF THE AUCTIONED ITEMS SHALL BE "AS IS", "WHERE IS", "WITH ALL
FAULTS", WITHOUT EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY,
QUALITY OR FITNESS OR ANY OTHER EXPRESS OR IMPLIED WARRANTIES OR
REPRESENTATIONS OF ANY KIND.  THE SECURED CREDITOR MAKES NO
WARRANTIES OR REPRESENTATIONS, EXPRESS OR IMPLIED, REGARDING THE
AUCTIONED ITEMS.
Any sales taxes will be the responsibility of the buyer or buyers.  Bids may be oral, but are
subject to the terms of a Secured Party Bill of Sale that the buyer or buyers will be required to
acknowledge and execute.