![]() Make us your #1 partner with closeout inventory liquidation for any of the following reasons: Bankruptcy, shutting down your business, reorganization, slow moving inventory, liquidation sale, overstock, closeout sale, liquidation due to Covid-19, excess inventory, closing your warehouse, surplus inventory, 3PL warehouse closing, downsizing your business, or any other reason you may need to quickly sell inventory for cash. You can rest assured when you sell us your closeouts that your inventory will be re-distributed into secondary markets throughout the United States, Canada, Mexico, South America and Central America. And thanks to our many years in business we have built a sizable distribution system that will not interfere with your everyday wholesale channels. Our customer base is made up of discount stores, drug chains, variety outlets, redemption centers, liquidators, closeout buyers and online sellers. We specialize in buying closeout, excess, overstock, liquidation and discontinued products. We are always looking to buy closeouts and discontinued inventory from importers, distributors, fulfillment warehouses, 3rd party logistics warehouses, factories, wholesale companies and Amazon FBA sellers. We buy closeouts of excess pet products, lawn and garden merchandise and all other surplus inventory for sale. We are a liquidators of obsolete toys, surplus housewares, giftware, home decor, novelties, and juvenile products. We have an excellent reputation, A+ credit, and an extensive background in buying and selling excess inventory. We are one of the industry's premier and most reputable closeout buyers and you can count on us for almost four decades of knowledge and experience in buying excess inventory and guiding sellers through the closeout process. Whether you are interested in liquidating a complete warehouse full of products, or just selling surplus or overstock of a few items, you are definitely in the right place. We have 100,000 square feet of distribution space in Chicago, IL and we are always in the market to buy closeouts and overstock inventory. Merchandise USA is a closeout buyer and excess inventory liquidator in business more than 35 years. Sign up for the Daily Brief, Silicon Republic’s digest of essential sci-tech news.Overstock And Closeout Buyers For 35+ Years. The company developed a portable device to accurately detect a positive viral infection within 30 minutes and have a negative result returned within an hour.ġ0 things you need to know direct to your inbox every weekday. In 2020, it received EU approval for a rapid molecular Covid-19 test. HiberGene raised $2.1m in 2014 from private investors along with Enterprise Ireland and Kernel Capital, and went on to secure further investment in the following years. This compares to traditional ‘culture’ methods that need to be sent to a laboratory and can take days to get results. The company said its technology could diagnose meningitis in less than one hour thanks to innovative, real-time results with software. Using the tagline ‘Saving time, saving life’, the company has focused on products that can reduce the turnaround time for patient testing. HiberGene has been developing, manufacturing and marketing rapid diagnostic tests. In this update, the board blamed a group of shareholders for disclosing “confidential company business”, which caused a potential source of funding to pull out of negotiations. HiberGene’s board of directors first informed shareholders of plans to appoint a liquidator on 26 August, according to an update seen by The Irish Times. The company’s update also accused the shareholders involved in the EGM of negatively impacting these talks and damaging shareholder value, according to the Sunday Independent. ![]() ![]() The troubled firm told shareholders in August that it had been in talks with potential strategic partners. In July, a group of HiberGene’s shareholders held a “rebel EGM” that was not recognised by management, which was highly critical of the company’s performance, the Sunday Independent reported. The financial issues surrounding the medtech start-up have been brewing for some months. This statement indicates HiberGene owes around €1.3m to unsecured creditors, while employees are owed almost €305,000. The Irish start-up has chosen accountant Colin Gaynor of Resolute Advisory as its appointed liquidator, according to a statement seen by The Irish Times. Medical diagnostics business HiberGene has appointed a liquidator to help wind down the company following a meeting with shareholders. HiberGene reportedly owes around €1.3m to unsecured creditors, while the board blamed a group of shareholders for impacting negotiations with a potential funding source. ![]()
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