It is a pleasure to announce that Greg Coooper from The Scale Model Graveyard and out of Denison, Texas has legally purchased the entire resin products lines of Verlinden Productions and Warriors Scale Models at a County Court House Office Tax Auction set up by the IRS to satisfy debt and taxes owed by the former owner of Lots Of Models.
The IRS confiscated all the property and stock of the now defunct Lots of Models and has been selling it at County Tax Auctions in the area of the former company to satisfy both County, and Federal tax liens against the former owner and company.
Both lines are in the process of getting back into slow production and distribution. It will take some time to sort out the entire tractor trailer full of masters and stock that was purchased.
The IRS confiscated all the property and stock of the now defunct Lots of Models and has been selling it at County Tax Auctions in the area of the former company to satisfy both County, and Federal tax liens against the former owner and company.
Both lines are in the process of getting back into slow production and distribution. It will take some time to sort out the entire tractor trailer full of masters and stock that was purchased.