05 Nov2014
Metal Storm, Inc., Chapter 7 Bankruptcy
Written by CFB Blogger. Posted in Blog
Metal Storm, Inc., of Herndon, Virginia, has recently filed for Chapter 7 bankruptcy in the
Virginia Eastern Bankruptcy Court, listing $0 to $50,000 in assets and liabilities of $10,000,001 to $50 million.
The largest unsecured creditor is listed as Peter D. Faulkner. Other creditors include but are not limited to
Aerotek, Inc., Australian Special Opp. Fund, Benton, Potter, & Murdock, PC, Capitol Office Solutions, CDS Air Freight, Cox Communications, CT Corporation, Diener & Associates and
Fedex.
According to their website, “Metal Storm, Inc. is the exclusive licensee of Metal Storm’s unique, electronically fired, stacked projectile technology. We provide products and services that deliver scalable, variable effects through an array of launching systems. Metal Storm services defense and law enforcement communities around the world.”
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