Case 18-11120-BLS Doc 595 Filed 11/30/18 Page 1 of 46
VG Liquidation Inc.Cash Receipts and Disbursements
October 2018Case 18-11120All Amounts in USD
VG MTReceipts: VG Liquidation Inc. VG Liquidation Ltd. Liquidation LLC TotalAR Collections 583,065.42 87,606.68 1,796.44 672,468.54 Loans and Advances - - - - Sale of Assets - - - - Other - - - - Tax Refund - 422,211.21 - 422,211.21 Interest Received 370.10 1,356.53 - 1,726.64 Transfers from DIP Accounts 781,030.10 592,547.76 192,044.37 1,565,622.23 Total Receipts 1,364,465.62 1,103,722.19 193,840.81 2,662,028.62
- Disbursements:Net Payroll 48,791.43 21,503.97 - 70,295.40 Payroll Taxes 32,527.62 14,335.98 - 46,863.60 Sales Use and Other Taxes 35.00 945.59 - 980.59 Inventory Purchases 388,239.18 251,832.82 93,969.35 734,041.35 Secured Rental/Leases - 6,012.33 - 6,012.33 Insurance - - - - Administrative 9,547.13 1,068.13 - 10,615.26 Selling - - - - Other - - - - Benefits 5,426.08 5,328.30 - 10,754.38 Commercial Card Payment - - - - Employee Exp Reimbursement - - - - Loan Repayment - - - - Utilities - - - - DIP Loan Fees/Interest - - - - Data/Hosting/IT Costs 184,297.35 7,264.83 101,774.19 293,336.37 Temp Staffing - - - - Misc 121,643.17 1,784.11 - 123,427.28 Owner Draw - - - - Transfers to DIP Accounts 1,110,005.30 465,128.09 - 1,575,133.38 AR Transfers to Amobee 736,311.02 3,241.66 - 739,552.68 Professional Fees 470,348.75 - - 470,348.75 US Trustee Qtrly Fees - - - - Court Costs - - - - Total Disbursements 3,107,172.03 778,445.80 195,743.54 4,081,361.36
- Net Change in cash (1,742,706.40) 325,276.39 (1,902.73) (1,419,332.74)
Beginning Cash Balance 10/1/18 68,918,863.84 397,850.68 1,902.73 69,318,617.25 Ending Cash Balance 10/31/18 67,176,157.44 723,127.07 - 67,899,284.51
-
Case 18-11120-BLS Doc 595 Filed 11/30/18 Page 2 of 46
VG Liquidation Inc., et al.Cash Receipts and Disbursements
October 2018Case 18-11120 VG Liquidation Inc. VG Liquidation Inc. VG Liquidation Inc. VG Liquidation Inc. VG Liquidation Inc. VG Liquidation Inc. VG Liquidation Inc. VG MT Liquidation LLCAll Amounts in USD USD USD USD USD USD USD USD USD
Total Sum of LB 6121 Sum of Op 6139 Sum of PR 6147 Sum of CAD AR 6707 Sum of CAD AP 6715 Sum of Util 9186 Sum of Coll 4121 Sum of USD 6295Receipts:AR Collections 672,468.54 529,855.17 52,880.28 329.97 - - - - 1,796.44 Loans and Advances - - - - - - - - - Sale of Assets - - - - - - - - - Other - - - - - - - - - Tax Refund 422,211.21 - - - - - - - - Interest Received 1,726.64 - - - - 176.05 3.94 190.11 - Transfers from DIP Accounts 1,565,622.23 - 696,062.64 84,967.46 - - - - 192,044.37 Total Receipts 2,662,028.62 529,855.17 748,942.92 85,297.43 - 176.05 3.94 190.11 193,840.81
Disbursements:Net Payroll 70,295.40 - - 48,791.43 - - - - - Payroll Taxes 46,863.60 - - 32,527.62 - - - - - Sales Use and Other Taxes 980.59 - 35.00 - - - - - - Inventory Purchases 734,041.35 - 388,239.18 - - - - - 93,969.35 Secured Rental/Leases 6,012.33 - - - - - - - - Insurance - - - - - - - - - Administrative 10,615.26 - 8,252.67 - - - - - - Selling - - - - - - - - - Other - - - - - - - - - Benefits 10,754.38 - 1,447.70 3,978.38 - - - - - Commercial Card Payment - - - - - - - - - Employee Exp Reimbursement - - - - - - - - - Loan Repayment - - - - - - - - - Utilities - - - - - - - - - DIP Loan Fees/Interest - - - - - - - - - Data/Hosting/IT Costs 293,336.37 - 184,297.35 - - - - - 101,774.19 Temp Staffing - - - - - - - - - Misc 123,427.28 - 121,643.17 - - - - - - Owner Draw - - - - - - - - - Transfers to DIP Accounts 1,575,133.38 529,855.17 - - - 580,150.13 - - - AR Transfers to Amobee 739,552.68 - 736,311.02 - - - - - - Professional Fees 470,348.75 - 470,348.75 - - - - - - US Trustee Qtrly Fees - - - - - - - - - Court Costs - - - - - - - - - Total Disbursements 4,081,361.36 529,855.17 1,910,574.84 85,297.43 - 580,150.13 - - 195,743.54
- Net Change in cash (1,419,332.74) - (1,161,631.92) - - (579,974.07) 3.94 190.11 (1,902.73)
Beginning Cash Balance 10/1/18 69,318,617.25 - 67,350,779.13 - - 603,816.44 17,190.30 828,962.75 1,902.73 Ending Cash Balance 10/31/18 67,899,284.51 - 66,189,147.21 - - 23,842.37 17,194.24 829,152.86 -
- FX Rates
GBP 1.2767 EUR 1.1312 CAD 0.7601 AUD 0.7072
Case 18-11120-BLS Doc 595 Filed 11/30/18 Page 3 of 46
VG Liquidation Inc., et al.Cash Receipts and Disbursements
October 2018Case 18-11120All Amounts in USD
TotalReceipts:AR Collections 672,468.54 Loans and Advances - Sale of Assets - Other - Tax Refund 422,211.21 Interest Received 1,726.64 Transfers from DIP Accounts 1,565,622.23 Total Receipts 2,662,028.62
Disbursements:Net Payroll 70,295.40 Payroll Taxes 46,863.60 Sales Use and Other Taxes 980.59 Inventory Purchases 734,041.35 Secured Rental/Leases 6,012.33 Insurance - Administrative 10,615.26 Selling - Other - Benefits 10,754.38 Commercial Card Payment - Employee Exp Reimbursement - Loan Repayment - Utilities - DIP Loan Fees/Interest - Data/Hosting/IT Costs 293,336.37 Temp Staffing - Misc 123,427.28 Owner Draw - Transfers to DIP Accounts 1,575,133.38 AR Transfers to Amobee 739,552.68 Professional Fees 470,348.75 US Trustee Qtrly Fees - Court Costs - Total Disbursements 4,081,361.36
- Net Change in cash (1,419,332.74)
Beginning Cash Balance 10/1/18 69,318,617.25 Ending Cash Balance 10/31/18 67,899,284.51
- FX Rates
GBP 1.2767 EUR 1.1312 CAD 0.7601 AUD 0.7072
VG Liquidation Ltd. VG Liquidation Ltd. VG Liquidation Ltd. VG Liquidation Ltd. VG Liquidation Ltd. VG Liquidation Ltd. VG Liquidation Ltd. VG Liquidation Inc. Videology SpainUSD USD USD USD USD USD USD USD USD
Sum of USD 2817 Sum of EUR AR 1616 Sum of EUR AP 1617 Sum of GBP AR 1614 Sum of GBP AP 1615 Sum of AUD 1837 Sum of GBP 0046 Sum of USD 5920 Sum of EUR 8387
77,336.20 3,241.66 - 7,028.82 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 422,211.21 - -
9.60 - - - 1,346.93 - - - - - - 3,241.66 - 555,370.10 - - - 33,936.00
77,345.80 3,241.66 3,241.66 7,028.82 556,717.04 - 422,211.21 - 33,936.00
- - - - - - - - 21,503.97 - - - - - - - - 14,335.98 - - - - - - - - 945.59
303.62 - - - 251,529.20 - - - - - - - - - - - - 6,012.33 - - - - - - - - - - - - - - - 1,068.13 1,294.46 - - - - - - - - - - - - - - - - - - - - - - - 4,956.19 - - - 372.11 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 7,264.83 - - - - - - - - - - - - -
807.29 - - - 804.19 - 91.97 - 80.65 - - - - - - - - - - 3,241.66 - 110,793.93 - - 351,092.50 - - - - 3,241.66 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
1,110.91 3,241.66 3,241.66 110,793.93 264,554.42 - 352,252.60 1,294.46 43,250.63 -
76,234.89 - - (103,765.11) 292,162.62 - 69,958.61 (1,294.46) (9,314.63)
1,702.09 - 20,646.59 103,765.11 101,264.08 75,649.18 47,347.42 118,115.22 47,476.22 77,936.98 - 20,646.59 - 393,426.70 75,649.18 117,306.03 116,820.76 38,161.59
Case 18-11120-BLS Doc 595 Filed 11/30/18 Page 4 of 46
VG Liquidation Inc., et al.Cash Receipts and Disbursements
October 2018Case 18-11120 VG Liquidation Inc. VG Liquidation Inc. VG Liquidation Inc. VG Liquidation Inc. VG Liquidation Inc. VG Liquidation Inc. VG Liquidation Inc. VG MT Liquidation LLC VG Liquidation Ltd.All Amounts in Local Currency USD USD USD CAD CAD USD USD USD USD
Sum of LB 6121 Sum of Op 6139 Sum of PR 6147 Sum of CAD AR 6707 Sum of CAD AP 6715 Sum of Util 9186 Sum of Coll 4121 Sum of USD 6295 Sum of USD 2817Receipts:AR Collections 529,855.17 52,880.28 329.97 - 1,796.44 77,336.20 Loans and AdvancesSale of AssetsOther Tax Refund Interest Received 231.62 3.94 190.11 9.60 Transfers from DIP Accounts 696,062.64 84,967.46 192,044.37 - Total Collections 529,855.17 748,942.92 85,297.43 - 231.62 3.94 190.11 193,840.81 77,345.80
Disbursements:Net Payroll 48,791.43 Payroll Taxes 32,527.62 Sales Use and Other Taxes 35.00 Inventory Purchases 388,239.18 93,969.35 303.62 Secured Rental/LeasesInsuranceAdministrative 8,252.67 SellingOther Benefits 1,447.70 3,978.38 Commercial Card Payment Employee Exp Reimbursement Loan Repayment Utilities DIP Loan Fees/Interest Data/Hosting/IT Costs 184,297.35 101,774.19 Temp Staffing Misc 121,643.17 - 807.29 Owner DrawTransfers to DIP Accounts 529,855.17 - 763,255.00 AR Transfers to Amobee 736,311.02 Professional Fees 470,348.75 US Trustee Qtrly FeesCourt CostsTotal Disbursements 529,855.17 1,910,574.84 85,297.43 - 763,255.00 - - 195,743.54 1,110.91
Net Change in cash - (1,161,631.92) - - (763,023.38) 3.94 190.11 (1,902.73) 76,234.89
Beginning Cash Balance 10/1/18 - 67,350,779.13 - - 794,390.79 17,190.30 828,962.75 1,902.73 1,702.09 Ending Cash Balance 10/31/18 - 66,189,147.21 - - 31,367.41 17,194.24 829,152.86 - 77,936.98
USD amount - 66,189,147.21 - - 23,842.37 17,194.24 829,152.86 - 77,936.98
Case 18-11120-BLS Doc 595 Filed 11/30/18 Page 5 of 46
VG Liquidation Inc., et al.Cash Receipts and Disbursements
October 2018Case 18-11120All Amounts in Local Currency
Receipts:AR CollectionsLoans and AdvancesSale of AssetsOther Tax Refund Interest ReceivedTransfers from DIP AccountsTotal Collections
Disbursements:Net PayrollPayroll TaxesSales Use and Other TaxesInventory PurchasesSecured Rental/LeasesInsuranceAdministrativeSellingOther Benefits Commercial Card Payment Employee Exp Reimbursement Loan Repayment Utilities DIP Loan Fees/Interest Data/Hosting/IT Costs Temp Staffing MiscOwner DrawTransfers to DIP AccountsAR Transfers to AmobeeProfessional FeesUS Trustee Qtrly FeesCourt CostsTotal Disbursements
Net Change in cash
Beginning Cash Balance 10/1/18Ending Cash Balance 10/31/18
USD amount
VG Liquidation Ltd. VG Liquidation Ltd. VG Liquidation Ltd. VG Liquidation Ltd. VG Liquidation Ltd. VG Liquidation Ltd. VG Liquidation Inc. Videology SpainEUR EUR GBP GBP AUD GBP USD EUR
Sum of EUR AR 1616 Sum of EUR AP 1617 Sum of GBP AR 1614 Sum of GBP AP 1615 Sum of AUD 1837 Sum of GBP 0046 Sum of USD 5920 Sum of EUR 8387
2,865.68 5,505.46
330,705.11 1,055.01
2,865.68 435,004.39 30,000.00 2,865.68 2,865.68 5,505.46 436,059.40 - 330,705.11 - 30,000.00
19,009.87 12,673.25
835.92 197,015.12
5,315.00
836.63 1,294.46
3,882.03 328.95
5,690.32
629.90 72.04 71.30
2,865.68 86,781.49 275,000.00 2,865.68
2,865.68 2,865.68 86,781.49 207,217.37 - 275,908.67 1,294.46 38,234.29
- - (81,276.03) 228,842.03 - 54,796.44 (1,294.46) (8,234.29)
- 18,251.94 81,276.03 79,317.05 106,970.00 37,085.78 118,115.22 41,969.78 - 18,251.94 - 308,159.08 106,970.00 91,882.22 116,820.76 33,735.49
- 20,646.59 - 393,426.70 75,649.18 117,306.03 116,820.76 38,161.59
Case 18-11120-BLS Doc 595 Filed 11/30/18 Page 6 of 46
VG Liquidation Inc. VG MT Liquidation LLC Collider Lucid VG Liquidation Ltd.Bank Reconciliatons completed Yes Yes Yes Yes Yes
See attached bank statements
Case 18-11120-BLS Doc 595 Filed 11/30/18 Page 7 of 46
VG Liquidation Inc., et al.Schedule of Professionsal Fees and Expenses Paid October 2018
Payee Period Covered Amount Payor Check/wire Fees Expenses Fee ExpensesArent Fox LLP -$ -$ 91,594$ 3,854$ Bayard PA -$ -$ 33,020$ 735$ Berkeley Research Group Aug 2018 186,370$ Videology, Inc. Wire 167,664$ 18,706$ 499,842$ 59,453$ Cole Schotz PC Aug 2018 116,744$ Videology, Inc. Wire 115,120$ 1,624$ 476,850$ 13,573$ Cooley LLP Videology, Inc. Wire -$ -$ 544,911$ 5,227$ DWF LLP Videology Ltd Wire- paid in GBP -£ -$ 77,023£ 5,357£ Eversheds Sutherland Videology Ltd Wire- paid in GBP -£ -$ 21,268£ -£ Gavin Solmonese LLC - Credit Com Counsel Aug 2018 44,440$ Videology, Inc. Wire 44,438$ 2$ 185,278$ 214$ Hogan Lovells May - Aug 2018 94,566$ Videology, Inc. Wire 92,671$ 1,895$ 92,671$ 1,895$ Luma Partners Videology, Inc. Wire -$ -$ 7,340,251$ -$ Pillsbury Videology, Inc. Wire -$ -$ 21,916$ -$ Whiteford Taylor & Preston LLP Aug 2018 28,229$ Videology, Inc. Wire 26,993$ 1,236$ 151,401$ 2,809$ Total 470,349$ * 446,886$ 23,463$ * 9,563,545$ 94,618$ *
*GBP amt. converted to USD at 1.28 for 'Total'
Year To DateCurrent Month
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VG Liquidation Inc., et al.Statement of operations10/31/2018Case 18-11120All Amounts in USD
Financial Row 100 VID Inc 110 Collider 130 VMT LLC 200 VID LTD UK 203 ES Branch Total
Amount Amount Amount Amount Amount Amount
Ordinary Income/Expense
Revenue $0 $0 $0 ($606,240) $0 ($606,240)
REVENUE - REVENUEOTHRREV - Other Revenue
47200 - Contra Revenue - Media Agency Refund $0 $0 $0 $0 $0 $0
Total - OTHRREV - Other Revenue $0 $0 $0 $0 $0 $0
Total - REVENUE - REVENUE $0 $0 $0 $0 $0 $0
ADVRTSG - Advertising/Marketing63350 - Agency Fees(Profit Share) $0 $0 $0 ($606,240) $0 ($606,240)
Total - ADVRTSG - Advertising/Marketing $0 $0 $0 ($606,240) $0 ($606,240)
Total - Revenue $0 $0 $0 ($606,240) $0 ($606,240)
Inventory Costs ($41,722) $0 $0 ($48,453) $0 ($90,175)
INVCOS - Inventory CostsINVCOSM - Inv COS Media
50000 - Publisher Costs - Video ($41,722) $0 $0 ($48,453) $0 ($90,175)
Total - INVCOSM - Inv COS Media ($41,722) $0 $0 ($48,453) $0 ($90,175)
Total - INVCOS - Inventory Costs ($41,722) $0 $0 ($48,453) $0 ($90,175)
Total - Inventory Costs ($41,722) $0 $0 ($48,453) $0 ($90,175)
Inventory Contribution $41,722 $0 $0 ($557,787) $0 ($516,065)
Cost of Sales $108,570 $0 $10,000 $6,597 $0 $125,166
COS - Cost of Sales53035 - Data (excluding DMP costs) $108,570 $0 $10,000 $6,597 $0 $125,166
Total - COS - Cost of Sales $108,570 $0 $10,000 $6,597 $0 $125,166
Total - Cost of Sales $108,570 $0 $10,000 $6,597 $0 $125,166
Gross Profit ($66,848) $0 ($10,000) ($564,384) $0 ($641,232)
Operating ExpensesPayroll Expenses $97,751 $0 $0 $4,948 $29,662 $132,361
60000 - Wages $102,325 $0 $0 $0 $23,471 $125,796
60700 - Benefits Expenses - Insurance ($7,152) $0 $0 $4,948 $350 ($1,854)
60701 - Benefits Expenses - Other $0 $0 $0 $0 $64 $64
60800 - Payroll Taxes $2,578 $0 $0 $0 $5,777 $8,355
Total Payroll Expenses $97,751 $0 $0 $4,948 $29,662 $132,361
Travel & Entertainment $45 $0 $0 $455 $0 $500
TRVLENT - Travel and Entertainment66999 - T&E Accrual $45 $0 $0 $455 $0 $500
Total - TRVLENT - Travel and Entertainment $45 $0 $0 $455 $0 $500
Total Travel & Entertainment $45 $0 $0 $455 $0 $500
Technology Costs $0 $0 $0 $0 $0 $0
Advertising/Promotional w/o AHC $14,370 $0 $0 $0 $0 $14,370
ADVRTSG - Advertising/Marketing63950 - Advertising/Promotional:Sales/Marketing Consultants $14,370 $0 $0 $0 $0 $14,370
Total - ADVRTSG - Advertising/Marketing $14,370 $0 $0 $0 $0 $14,370
Total - Advertising/Promotional w/o AHC $14,370 $0 $0 $0 $0 $14,370
Office/General Administrative ExpensesGENLEXP - Office/G&A Expenses
61700 - Dues and Subscriptions $4,215 $0 $0 $55 $0 $4,270
61725 - Software Subscriptions $37,421 $0 $0 $0 $0 $37,421
62000 - Telephones $607 $0 $0 $38 $0 $645
62100 - Cell Phones/Email $150 $0 $0 $0 $0 $150
62101 - Internet $16,847 $0 $0 $45 $0 $16,892
62400 - Insurance - Corp Liabilty $73,045 $0 $0 $0 $0 $73,045
62600 - Taxes - Business and License $35 $0 $0 $14,305 $0 $14,340
64000 - Accounting Fees $5,200 $0 $0 $0 $238 $5,438
64100 - Legal Fees $0 $0 $0 $0 $0 $0
64200 - Lease Expense $18,706 $0 $0 $0 $6,033 $24,739
64201 - Utilities ($37) $0 $0 ($1,855) $0 ($1,892)
65000 - Credit Card Fees $420 $0 $0 $0 $0 $420
65100 - Bank Fees $9,505 $0 $25 $1,532 $1,100 $12,162
68100 - Repair and Maintenance Expense $0 $0 $0 $0 $0 $0
Total - GENLEXP - Office/G&A Expenses $166,115 $0 $25 $14,119 $7,372 $187,631
Total - Office/General Administrative Expenses $166,115 $0 $25 $14,119 $7,372 $187,631
Total Operating Expenses $278,280 $0 $25 $19,522 $37,034 $334,862Total Ordinary Income/Expense ($345,128) $0 ($10,025) ($583,906) ($37,034) ($976,094)Operating Income (Loss) ($345,128) $0 ($10,025) ($583,906) ($37,034) ($976,094)Other Income and Expenses
Other Income $0 $0 $0 $0 $0 $0
Other Expense80001 - Unrealized Gain/Loss ($47,833) ($7,128) ($54,168) ($449,347) $6,272 ($552,203)
80002 - Rounding Gain/Loss $0 $0 $0 $0 $0 $0
80005 - Realized Gain/Loss on FX $0 $0 $0 $296 $0 $296
OTHERPL - Other Non-Op Inc_Exp67600 - Interest Income ($371) $0 $0 ($1,935) $0 ($2,305)
82001 - Restructuring Expenses $475,703 $0 $0 $0 $0 $475,703 see note below89001 - Branch Office Cost Plus $1,976 $0 $0 $45,755 ($45,745) $1,986
Total - OTHERPL - Other Non-Op Inc_Exp $477,308 $0 $0 $43,820 ($45,745) $475,383
TAXES - Income Tax Provisions90200 - Foreign Income Tax $0 $0 $0 $0 $545 $545
Total - TAXES - Income Tax Provisions $0 $0 $0 $0 $545 $545
Total - Other Expense $429,476 ($7,128) ($54,168) ($405,231) ($38,929) ($75,979)
Depreciation $0 $0 $0 $0 $0 $0Total Other Expense (Income) $429,476 ($7,128) ($54,168) ($405,231) ($38,929) ($75,979)Net Income (Loss) ($774,604) $7,128 $44,143 ($178,675) $1,894 ($900,114)
64204 - Equipment Rental/Lease $47 $0 $0 $0 $0 $47
Restructuring Expenses:Gavin Solmonese 55,547.50
Cole Schotz 145,524.33
Hogan Lovells 37,894.45
Berkeley Research Group 186,369.91
Whiteford, Taylor & Preston 34,063.89
Omni Management 16,302.56
Total 475,702.64
Case 18-11120-BLS Doc 595 Filed 11/30/18 Page 40 of 46
VG Liquidation Inc., et al. Pre-petition amounts are in Bold
Balance Sheet
10/31/2018
Case 18-11120
All Amounts in USD
Financial Row 100 VID Inc 110 Collider 115 Lucid 130 VMT LLCConsolidated Videology,
Inc. 200 VID LTD UK 202 FR Branch 203 ES BranchConsolidated Videology
Limited
Amount Amount Amount Amount Amount Amount Amount Amount Amount
ASSETS
Current AssetsBank
10101 - VID US Operating - SVB #5920 (sweep 0579) $116,821 $0 $0 $0 $116,821 $0 $0 $0 $0
10121 - VID CAD Operating - RBC #608-2 $0 $0 $0 $0 $0 $0 $0 $0 $0
10200 - VID LTD Operating - HSBC - GBP #0046 $0 $0 $0 $0 $0 $117,123 $0 $0 $117,123
10211 - VID SP Operating - Santander - EURO #8387 $0 $0 $0 $0 $0 $0 $0 $38,303 $38,303
10323 - VID INC - WF Securities - USD #3169 $64,890,737 $0 $0 $0 $64,890,737 $0 $0 $0 $0
10351 - Vid US - WF USD Operating #6139 $1,277,984 $0 $0 $0 $1,277,984 $0 $0 $0 $0
10366 - Vid US - WF - CAD Operating #6715 $23,906 $0 $0 $0 $23,906 $0 $0 $0 $0
10370 - VMT LLC - WF - USD Operating #6295 $0 $0 $0 ($3,000) ($3,000) $0 $0 $0 $0
10382 - Vid Ltd - WF - GBP Disbursements #1615 $0 $0 $0 $0 $0 $392,812 $0 $0 $392,812
10387 - Vid Ltd - WF - EUR Disbursements #1617 $0 $0 $0 $0 $0 $32,299 $0 $0 $32,299
10388 - Vid Ltd - WF - USD #2817 $0 $0 $0 $0 $0 $77,950 $0 $0 $77,950
10390 - Vid Ltd - HSBC - AUD #1837 $0 $0 $0 $0 $0 $75,841 $0 $0 $75,841
10499 - Manual PR Clearing ($27,433) $0 $0 $0 ($27,433) $0 $0 $0 $0
10504 - VID INC - LOC - USD account $829,153 $0 $0 $0 $829,153 $0 $0 $0 $0
10505 - VID INC - Utility - USD account #9186 $17,194 $0 $0 $0 $17,194 $0 $0 $0 $0
Total Bank $67,128,362 $0 $0 ($3,000) $67,125,362 $696,025 $0 $38,303 $734,328
Accounts Receivable11000 - A/R Trade ($324,696) $0 $0 $0 ($324,696) $24,339,473 $0 $0 $24,339,473
11001 - Unbilled A/R $1,331,349 $0 $0 $0 $1,331,349 ($945) $0 $0 ($945)
11001AR - Unbilled A/R ($1,524,540) $0 $0 $0 ($1,524,540) $0 $0 $0 $0
11003 - Unbilled A/R TV $390,758 $0 $0 $0 $390,758 $0 $0 $0 $0
11350 - Allowance for Uncollectable Accounts $0 $0 $0 $0 $0 ($88,808) $0 $0 ($88,808)
11400 - A/R Other $600,000 $0 $0 $0 $600,000 $0 $0 $0 $0
Total Accounts Receivable $472,871 $0 $0 $0 $472,871 $24,249,720 $0 $0 $24,249,720
Prepaid Expenses13000 - Prepaid Expenses - General $20,658 $0 $0 $0 $20,658 $154,122 $0 $0 $154,122
13001 - Prepaid - Usage Based $538 $0 $0 $0 $538 $0 $0 $0 $0
13005 - Prepaid Insurance $10,238 $0 $0 $0 $10,238 $0 $0 $0 $0
Total Prepaid Expenses $31,435 $0 $0 $0 $31,435 $154,122 $0 $0 $154,122
Intercompany Accounts
11998 - Post-Petition Due from Intercompany ($52,662) $0 $0 $2,154,642 $2,101,981 $12,678,070 $0 $173,783 $12,851,853
21998 - Post-Petition Due to Intercompany ($14,577,963) $0 $0 ($2,052,777) ($16,630,740) $2,075,111 $0 ($204,928) $1,870,182
P11999 - Pre-Petition Due from Intercompany $33,730,397 $5,102,556 $11,511 $49,115,272 $87,959,736 $35,225,955 $0 $357,252 $35,583,207
P21999 - Pre-Petition Due to Intercompany ($78,983,712) ($365,508) ($4,900,103) ($5,184,369) ($89,433,692) ($22,099,919) $0 ($291,215) ($22,391,134)
Total Intercompany Accounts ($59,883,940) $4,737,047 ($4,888,591) $44,032,769 ($16,002,715) $27,879,217 $0 $34,891 $27,914,108
Total Current Assets $7,748,728 $4,737,047 ($4,888,591) $44,029,769 $51,626,952 $52,979,084 $0 $73,194 $53,052,278
Fixed AssetsFXDASSTS - Fixed AssetsFACOST - Fixed Assets at Cost
14020 - Software (Purchased) $0 $0 $0 $0 $0 $0 $0 $0 $0
14099 - Construction in Progress $0 $0 $0 $0 $0 $9,974 ($1,271) $0 $8,703
Total - FACOST - Fixed Assets at Cost $0 $0 $0 $0 $0 $9,974 ($1,271) $0 $8,703
ACCDEPR - Accum Deprec14520 - Software (Purchased): Accum Deprec $0 $0 $0 $0 $0 $0 $0 $0 $0
14510 - Computers & Equipment: Accum Deprec $0 $0 ($0) $0 ($0) $0 $0 $0 $0
Total - ACCDEPR - Accum Deprec $0 $0 ($0) $0 ($0) $0 $0 $0 $0
Total - FXDASSTS - Fixed Assets $0 $0 ($0) $0 ($0) $9,974 ($1,271) $0 $8,703
Total Fixed Assets $0 $0 ($0) $0 ($0) $9,974 ($1,271) $0 $8,703
Investments18000 - Investment in Sub $4,540,323 $0 $0 $0 $4,540,323 $0 $0 $0 $0
18001 - Investment in Collider Media $13,659,853 $0 $0 $0 $13,659,853 $0 $0 $0 $0
18002 - Investment in Lucid Media $4,913,634 $0 $0 $0 $4,913,634 $0 $0 $0 $0
18003 - Investment in VID Asia PTE Ltd $0 $0 $0 $0 $0 $81,610 $0 $0 $81,610
Total Investments $23,113,810 $0 $0 $0 $23,113,810 $81,611 $0 $0 $81,611
Other AssetsDeposits and Prepayments
13025 - Deposit - other asset $190,012 $0 $0 $0 $190,012 $191,206 $0 $9,083 $200,289
Total Deposits and Prepayments $190,012 $0 $0 $0 $190,012 $191,206 $0 $9,083 $200,289
Total Other Assets $190,012 $0 $0 $0 $190,012 $191,206 $0 $9,083 $200,289Total ASSETS $31,052,549 $4,737,047 ($4,888,592) $44,029,769 $74,930,774 $53,261,874 ($1,271) $82,277 $53,342,881LIABILITIES & EQUITY
LiabilitiesCurrent Liabilities
Accounts Payable
P20000 - Pre-Petition Accounts Payable $8,115,360 $0 $0 $13,285,062 $21,400,422 $22,354,166 $0 $13,000 $22,367,165
20300 - Post-Petition Accounts Payable ($24,908) $0 $0 ($264,112) ($289,020) $13,012,679 $0 $133 $13,012,812 See Attached agingsP20001 - Pre-Petition A/P Other $0 $0 $0 $0 $0 ($113,803) $0 $0 ($113,803)
20301 - Post-Petition A/P Other ($351,116) $0 $0 $1,821 ($349,294) $0 $0 $0 $0
Total Accounts Payable $7,739,337 $0 $0 $13,022,771 $20,762,107 $35,253,042 $0 $13,133 $35,266,175
Accrued Liabilities20302 - Post-Petition AHC Fees - Accrue $0 $0 $0 $0 $0 $3,624,282 $0 $0 $3,624,282
20351 - Post-Petition 401K Withholdings $3,556 $0 $0 $0 $3,556 $0 $0 $0 $0
21365 - Post-Petition Accrued Publisher Costs ($0) $0 $0 $0 ($0) $3 $0 $0 $3
21370 - Post-Petition Accrued Other $48,019 $0 $0 $0 $48,019 $0 $0 $0 $0
21373 - Post-Petition Accrued Ancillary Campaign Costs $69,947 $0 $0 $6,712 $76,659 $42,685 $0 $0 $42,685
21374 - Post-Petition Accrued Data Costs $189,803 $0 $0 $201,756 $391,559 $226,296 $0 $0 $226,296
21376 - Post-Petition Accrued Hosting Fees $913,058 $0 $0 $0 $913,058 $0 $0 $0 $0
21401 - Post-Petition Accrued Wages $1,522,098 $0 $0 $0 $1,522,098 $5,422 $0 $76,125 $81,546
21404 - Post-Petition Accrued Payroll Taxes $123,821 $0 $0 $0 $123,821 $0 $0 $3,660 $3,660
21405 - Post-Petition Accrued Expat Taxes $104,106 $0 $0 $0 $104,106 $0 $0 $0 $0
21407 - Post-Petition Accrued Taxes $0 $0 $0 $0 $0 $0 $0 $2,880 $2,880
21470 - Post-Petition Accrued Benefits $6,205 $0 $0 $0 $6,205 $0 $0 $0 $0
P20002 - Pre-Petition AHC Fees - Accrued $2,422,546 $0 $0 $0 $2,422,546 $17,551,165 $0 $0 $17,551,165
P21065 - Pre-Petition Accrued Publisher Costs $0 $0 $0 $0 $0 $0 $0 $0 $0
P21070 - Pre-Petition Accrued Other $55,131 $0 $0 $0 $55,131 $0 $0 $0 $0
P21073 - Pre-Petition Accrued Ancillary Campaign Costs $721,719 $0 $0 $23,391 $745,110 $45,560 $0 $0 $45,560
P21074 - Pre-Petition Accrued Data Costs $479,770 $0 $0 $293,547 $773,317 $206,749 $0 $0 $206,749
P21076 - Pre-Petition Accrued Hosting Fees $49,051 $0 $0 $0 $49,051 $0 $0 $0 $0
P21080 - Pre-Petition Publisher Rebate Pass Through $0 $0 $0 $0 $0 $503,381 $0 $0 $503,381
P21101 - Pre-Petition Accrued Wages $145,759 $0 $0 $0 $145,759 $6,786 $0 $0 $6,786
P21104 - Pre-Petition Accrued Payroll Taxes $10,203 $0 $0 $0 $10,203 $0 $0 $0 $0
P21105 - Pre-Petition Accrued Expat Taxes $167,065 $0 $0 $0 $167,065 $0 $0 $0 $0
Case 18-11120-BLS Doc 595 Filed 11/30/18 Page 41 of 46
P21106 - Pre-Petition Accrued Expat Taxes - Host Country $1,907 $0 $0 $0 $1,907 $0 $0 $0 $0
P21107 - Pre-Petition Accrued Taxes $0 $0 $0 $0 $0 $0 $0 $3,114 $3,114
Total Accrued Liabilities $7,033,764 $0 $0 $525,406 $7,559,171 $22,212,331 $0 $85,779 $22,298,110
VAT Payable, Net13105 - VAT on Purchases SP $0 $0 $0 $0 $0 $0 $0 ($11,092) ($11,092)
13403 - Post-Petition VAT on Purchases UK $0 $0 $0 $0 $0 ($705,533) $0 $0 ($705,533)
P13103 - Pre-Petition VAT on Purchases UK $0 $0 $0 $0 $0 ($3,317,436) $0 $0 ($3,317,436)
P23010 - Pre-Petition VAT Liability - United Kingdom $0 $0 $0 $0 $0 $4,039,399 $0 $0 $4,039,399
Total VAT Payable, Net $0 $0 $0 $0 $0 $16,430 $0 ($11,092) $5,338
Total Current Liabilities $14,773,101 $0 $0 $13,548,177 $28,321,278 $57,481,802 $0 $87,820 $57,569,622
Long Term LilabilitiesDebt
P25030 - Pre-Petition Debt - Long-term - Convertible Notes $17,713,695 $0 $0 $0 $17,713,695 $0 $0 $0 $0
Total Debt $17,713,695 $0 $0 $0 $17,713,695 $0 $0 $0 $0
Other Long Term LiabilitiesP25100 - Pre-Petition Other LT Payables $3,028,412 $0 $0 $0 $3,028,412 $0 $0 $0 $0 GroupM Bonus
Total Other Long Term Liabilities $3,028,412 $0 $0 $0 $3,028,412 $0 $0 $0 $0
Total Long Term Liabilities $20,742,108 $0 $0 $0 $20,742,108 $0 $0 $0 $0
Total Liabilities $35,515,209 $0 $0 $13,548,177 $49,063,386 $57,481,802 $0 $87,820 $57,569,622
Stockholders' EquityCapital Stock
33001 - Equity by Parent Company $3 $13,659,853 $4,913,634 $0 $18,573,489 $4,443,696 $0 $0 $4,443,696
Total Capital Stock $3 $13,659,853 $4,913,634 $0 $18,573,489 $4,443,696 $0 $0 $4,443,696
Preferred Stock30000 - Preferred Stock - Series A $1,583 $0 $0 $0 $1,583 $0 $0 $0 $0
30001 - APIC - Preferred Stock - Series A $10,794,947 $0 $0 $0 $10,794,947 $0 $0 $0 $0
30010 - Preferred Stock - Series B $1,528 $0 $0 $0 $1,528 $0 $0 $0 $0
30011 - APIC - Preferred Stock - Series B $10,236,595 $0 $0 $0 $10,236,595 $0 $0 $0 $0
30020 - Preferred Stock - Series C $2,675 $0 $0 $0 $2,675 $0 $0 $0 $0
30021 - APIC - Preferred Stock - Series C $34,517,275 $0 $0 $0 $34,517,275 $0 $0 $0 $0
30030 - Preferred Stock - Series X $121 $0 $0 $0 $121 $0 $0 $0 $0
30031 - APIC - Preferred Stock - Series X $5,035,966 $0 $0 $0 $5,035,966 $0 $0 $0 $0
30040 - Preferred Stock - Series Y $86 $0 $0 $0 $86 $0 $0 $0 $0
30041 - APIC - Preferred Stock - Series Y $3,413,555 $0 $0 $0 $3,413,555 $0 $0 $0 $0
30050 - Preferred Stock - Series D $2,219 $0 $0 $0 $2,219 $0 $0 $0 $0
30051 - APIC - Preferred Stock - Series D $35,156,504 $0 $0 $0 $35,156,504 $0 $0 $0 $0
30070 - Preferred Stock - Series 1-AB $1,427 $0 $0 $0 $1,427 $0 $0 $0 $0
30071 - APIC - Preferred Stock - Series 1-AB $9,913,172 $0 $0 $0 $9,913,172 $0 $0 $0 $0
30080 - Preferred Stock - Series 1-C $30 $0 $0 $0 $30 $0 $0 $0 $0
30081 - APIC - Preferred Stock - Series 1-C $449,940 $0 $0 $0 $449,940 $0 $0 $0 $0
30090 - Preferred Stock - Series 1-D $2,048 $0 $0 $0 $2,048 $0 $0 $0 $0
30091 - APIC - Preferred Stock - Series 1-D $32,771,920 $0 $0 $0 $32,771,920 $0 $0 $0 $0
30100 - Preferred Stock - Series 1-XY $101 $0 $0 $0 $101 $0 $0 $0 $0
30101 - APIC - Preferred Stock - Series 1-XY $6,699,864 $0 $0 $0 $6,699,864 $0 $0 $0 $0
32000 - APIC - Warrants $11,343,839 $0 $0 $0 $11,343,839 $0 $0 $0 $0
Total Preferred Stock $160,345,396 $0 $0 $0 $160,345,396 $0 $0 $0 $0
Common Stock31001 - Common Stock Par - Class A $262 $0 $0 $0 $262 $0 $0 $0 $0
31002 - Common Stock Par - Class B $3,924 $0 $0 $0 $3,924 $0 $0 $0 $0
31003 - Common Stock Par - Class C ($0) $0 $0 $0 ($0) $0 $0 $0 $0
31100 - APIC - Common Stock ($4,939,079) $0 $0 $0 ($4,939,079) $0 $0 $0 $0
31110 - APIC - Common Stock - Class B $800,271 $0 $0 $0 $800,271 $0 $0 $0 $0
32001 - APIC - Stock Options $25,385,353 $0 $0 $0 $25,385,353 $2,642 $0 $0 $2,642
Total Common Stock $21,250,731 $0 $0 $0 $21,250,731 $2,642 $0 $0 $2,642
Other Equity39999 - Retained Earnings from LLC ($56,943) $0 $0 $0 ($56,943) $0 $0 $0 $0
Total - Other Equity ($56,943) $0 $0 $0 ($56,943) $0 $0 $0 $0
34001 Cumulative Translation Adjustment $0 $0 $0 $0 $0 ($0) $0 $0 ($0)
Cumulative Translation AdjustmentCumulative Translation Adjustment $0 $0 $0 $0 $0 $2,106,470 ($6,251) ($15,491) $2,084,727
Cumulative Translation Adjustment-Elimination $0 $0 $0 $0 $0 $0 $0 $0 $0
Total - Cumulative Translation Adjustment $0 $0 $0 $0 $0 $2,106,470 ($6,251) ($15,491) $2,084,727
Retained EarningsNet Income (Balance Forward to Beginning of Year) ($233,108,532) $2,034,232 ($1,859,183) $29,115,559 ($203,817,923) ($14,244,757) $55,918 $27,859 ($14,160,980)
Total Retained Earnings ($233,108,532) $2,034,232 ($1,859,183) $29,115,559 ($203,817,923) ($14,244,757) $55,918 $27,859 ($14,160,980)Net Income $47,106,686 ($10,957,037) ($7,943,042) $1,366,032 $29,572,638 $3,472,021 ($50,938) ($17,910) $3,403,173Total Stockholders' Equity ($4,462,660) $4,737,047 ($4,888,592) $30,481,592 $25,867,388 ($4,219,928) ($1,271) ($5,542) ($4,226,741)
Total LIABILITIES & EQUITY 31052549.07 4737047.49 -4888591.5 44029768.65 74930773.71 53261874.49 -1270.876204 82277.43995 53342881.05
Case 18-11120-BLS Doc 595 Filed 11/30/18 Page 42 of 46
US (USD) Beginning Tax Liability Amount Withheld or Accrued Amount Paid Date Paid Check No. or EFT Ending Tax Liability NotesFederal Date paid is reflective of date UltiPro collected money from our accountWithholding - 21,050.35 21,050.35 10/15, 11/1 - FICA - EE - 3,090.99 3,090.99 10/15, 11/1 - FICA - ER - 2,577.85 2,577.85 10/15, 11/1 - Unemployment - - - - Income - - - - Other - - - - Total Federal Taxes - 26,719.19 26,719.19 - State and LocalWithholding - 6,114.05 6,114.05 10/15, 11/1 - Sales - - - - Excise - - - - Unemployment - - - - Real Property - - - - Personal Property - - - - Other 1,070.31 - - 1,070.31 Taxes not supported by UltiPro - majority is for NY Paid Family Leave which we collect and pay to Mutual of OmahaTotal State and Local Taxes 1,037.09 6,114.05 6,114.05 1,070.31 Total Taxes 1,037.09 32,833.24 32,833.24 1,070.31
Spain (EURO) Beginning Tax Liability Amount Withheld or Accrued Amount Paid Date Paid Check No. or EFT Ending Tax Liability NotesFederalWithholding - 4,934.09 4,934.09 10/30/2018 - Taxes paid with wagesFICA - EE - - - - FICA - ER - - - - Unemployment - - - - Income - - - - Other: Spainish Social Security - 6,113.51 6,113.51 10/30/2018 - Taxes paid with wagesTotal Federal Taxes - 11,047.60 11,047.60 - State and Local - Withholding - - - - Sales - - - - Excise - - - - Unemployment - - - - Real Property - - - - Personal Property - - - - Other - - - - Total State and Local Taxes - - - - Total Taxes - 11,047.60 11,047.60 -
Case 18-11120-BLS Doc 595 Filed 11/30/18 Page 43 of 46
VG Liquidation Inc., et al.Status of Debts
10/31/2018Case 18-11120
* Please see Statement of Operations for Summary of Post Petition Debts
Case 18-11120-BLS Doc 595 Filed 11/30/18 Page 44 of 46
Post-Petition AP AgingVG Liquidation Inc.Row Labels Sum of Current Sum of 10/1/2018 - 10/30/2018 (30) Sum of 9/1/2018 - 9/30/2018 (60) Sum of 8/2/2018 - 8/31/2018 (90) Sum of Before 8/2/2018 (>90) Sum of TotalAcxiom - 3,994.50 - - - 3,994.50 AdapTV - - - (150,000.00) (1,850.20) (151,850.20) Agnes Messer - 500.00 - - - 500.00 Avesis Third Party Administrators, Inc. - 499.54 - - - 499.54 Berkel - 18,705.91 - - - 18,705.91 Cole Schotz PC - - 28,780.00 30,880.00 - 59,660.00 Concur - 4,215.21 - - - 4,215.21 Cooley Godward Kronsih LLP - - - 52,657.60 - 52,657.60 Fuse - - - - 3,291.60 3,291.60 Gavin/Solmonese, LLC - 11,107.40 - - - 11,107.40 GroupM CA - CBC (5.71) - - - 294.53 288.82 Hogan Lovells US LLP - - 13,700.88 - - 13,700.88 Lotame Solutions, Inc. - - - - (10,000.00) (10,000.00) Michelle Cookson 5,200.00 - - - - 5,200.00 Mutual of Omaha - - 992.44 - (8,160.57) (7,168.13) Nielsen - Net Ratings LLC - (127,500.00) 127,500.00 - - - Omni Management Group - 3,612.20 - - - 3,612.20 PriceWaterhouseCoopers LLP - - 40,130.00 - - 40,130.00 SpotXchange - - - - (78,063.85) (78,063.85) Tradr - - - 52,185.36 (52,185.36) - Whiteford Taylor & Preston - 5,835.20 - - - 5,835.20 Xaxis Self Service - AOL - - - 398.00 - 398.00 Xaxis Self Service - SlingTV - - - - 27.69 27.69 (blank) (1,650.00) - - - - (1,650.00) Grand Total 3,544.29 (79,030.04) 211,103.32 (13,879.04) (146,646.16) (24,907.63)
VMT LLCRow Labels Sum of Current Sum of 10/1/2018 - 10/30/2018 (30) Sum of 9/1/2018 - 9/30/2018 (60) Sum of 8/2/2018 - 8/31/2018 (90) Sum of Before 8/2/2018 (>90) Sum of Total495 Communications - - - - (8,879.45) (8,879.45) Ad Karma - - - - (43,166.21) (43,166.21) AOL Video - MSN - - - - (50,366.56) (50,366.56) Dashbid Media Inc. - - - - (10,000.00) (10,000.00) LKQD Media - - - - (41,772.45) (41,772.45) Rubicon Exchange - US - - - - (29,715.63) (29,715.63) Tremor US (17,749.98) - - - - (17,749.98) Vdopia - - - - (14,256.98) (14,256.98) YellowHammer Media - - - (15,000.00) (33,205.10) (48,205.10) Grand Total (17,749.98) - - (15,000.00) (231,362.38) (264,112.36)
Videology LimitedRow Labels Sum of Current Sum of 10/1/2018 - 10/30/2018 (30) Sum of 9/1/2018 - 9/30/2018 (60) Sum of 8/2/2018 - 8/31/2018 (90) Sum of Before 8/2/2018 (>90) Sum of TotalFinecast 34,310.42 - - 1,880,134.71 11,098,211.86 13,012,656.99 OMG UK - Global Radio - - - - 1.61 1.61 VMM UK - Spot Xchange 1.10 - - - 18.97 20.06 Grand Total 34,311.51 - - 1,880,134.71 11,098,232.43 13,012,678.66
Videology Spain - just currency issue, nothing owed
Case 18-11120-BLS Doc 595 Filed 11/30/18 Page 45 of 46
VG Liquidation Inc., et al.10/31/2018
AR Rollfoward:
Billed AR balance 9/30/18 23,801,705.72 (305,713.39) ‐ ‐ ‐ 24,107,419.11 Amounts invoiced ‐ ‐ ‐ ‐ ‐ ‐ Currency Reval (18,982.39) (12,064.64) Credit Memo ‐ ‐ Collections (7,017.85) ‐ ‐ ‐ (7,017.85) Other non‐cash AR adjustments** 251,136.51 ‐ 251,136.51 Billed AR balance 10/31/18 24,014,777.35 (324,695.78) ‐ ‐ ‐ 24,339,473.13 Unbilled AR 196,621.90 $197,567 ‐ ‐ ‐ ($945)Allowance for Invoice Adjustments ‐ $0 ‐ ‐ ‐ $0Allowance for Uncollectable Accounts (88,807.70) $0 ‐ ‐ ‐ ($88,808)A/R Other 600,000.00 $600,000 ‐ ‐ ‐ ‐ Total AR balance 10/31/18 24,722,591.55 472,871.33 ‐ ‐ ‐ 24,249,720.22
$0 $0AR Aging:
0‐30 Days old 2,559.68 (11,313.02) 13,872.70 31‐60 Days old 3,098,571.21 51,051.87 3,047,519.34 61‐90 Days old (7,761,779.45) (6,960,971.23) (800,808.22) 91+ Days old 28,675,402.41 6,596,536.59 22,078,865.82 Total AR 24,014,753.86 (324,695.79) ‐ ‐ ‐ 24,339,449.65 Unbilled AR 196,621.90 $197,567 ‐ ‐ ‐ ($945)Allowance for Invoice Adjustments ‐ $0 ‐ ‐ ‐ $0Allowance for Uncollectable Accounts (88,807.70) $0 ‐ ‐ ‐ ($88,808)A/R Other 600,000.00 $600,000 ‐ ‐ ‐ $0AR (net) 24,722,568.06 472,871.32 ‐ ‐ ‐ 24,249,696.74
Difference 23.49 0.01 ‐ ‐ ‐ 23.48 ** Other Non‐cash AR adjustments due mainly to GroupM.
Debtor Questionnaire:
YES NO YES NO YES NO YES NO YES NO1) Have any Assets been sold or transferred outside normal course X X X X X
of business this reporting period
2) Have any fuƴds been disbursed from any account other than a X X X X Xdebtor in possesion account this reporting period?
3) Have all post petition tax returns been filed timely X X X X X
4) Are worker compenastion, general liability, and other necessary X X X X Xinsurance covereages in effect?
5) Has any bank account been open during the period? x X X X XIf yes provide documentation identifying the opened accounts.
Videology Ltd.Consolidated Videology Inc. Collider Lucid Videology Media
Case 18-11120-BLS Doc 595 Filed 11/30/18 Page 46 of 46