Security Agreement, TenX Group, LLC et al. and SMI, LLC (Doc. 75-6, No. 2:19-bk-00787)

Summary

Document 75-6 in Case No. 2:19-bk-00787, filed December 11, 2019, an 18-page exhibit. It opens with a Security Agreement dated September 23, 2015 under which TenX Group, LLC, Panthera Training Center, LLC, Blue Force Technologies, Inc., Panthera Worldwide, LLC, James Punelli and Raymond Jones, as debtor, grant security to SMI, LLC, as lender. The agreement secures a promissory note of the same date made by TenX Group, LLC in the original principal amount of One Hundred Thousand Dollars. The exhibit closes with a certificate of title issued by the Division of Motor Vehicles of West Virginia.

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SECURITY AGREEMENT
September 23, 2015
TenX Group, LLC
Panthera Training Center, LLC
Blue Force Technologies, Inc.
Panthera Worldwide, LLC
James Punelli, Individually
Raymond Jones, Individually
(Individually and collectively, “Debtor”)
SMI, LLC
c/o Boyle, Bain, Reback, Slayton & Kelsey
420 Park Street
Charlottesville, VA 22902
(Hereinafter referred to as “Lender”)
For value received and to secure payment and performance of any and all obligations of TenX
Group, LLC, Panthera Training Center, LLC, Blue Force Technologies, Inc., Panthera
Worldwide, LLC, James Punelli, Individually, Raymond Jones, Individually (individually and
collectively, the “Debtor”) to SMI, LLC (the “Lender”) all payment of principal, additional
payment and any other fees according to the terms and conditions of the Promissory Note dated
September 23, 2015 made by TenXGroup, LLC to the Lender in the original princuipal amount
of One Hundred Thousand and No/ Hundredths Dollars (increased to One Hundred Ten
Thousand Dollars if not paid by October __, 2015) the “Note” and including any other payment
obligations however created, arising or evidenced, whether direct or indirect, absolute or
contingent, now existing or hereafter arising or acquired, including but not limited to future
advances, and all costs and expenses incurred by Lender to obtain, preserve, perfect and enforce
the security interest granted herein and to maintain, preserve and collect the property subject to
the security interest (collectively, “Secured Obligations”), Debtor hereby grants to Lender a
continuing security interest in and lien upon the following described property, whether now
owned or hereafter acquired, and any additions, replacements, accessions, or substitutions
thereof and all cash and non-cash proceeds and products thereof:
A. All of Debtor’s weapons, accessories and equipment shown on the attached schedule
A, consisting of four (4) typewritten pages;
B. Title to and possession of all of Debtor’s motor vehicles, with titles and VINs shown
on the attached schedule B, consisting of six (6) typewritten pages, and including any and
all other vehicles;
C. All assets, rolling stock, fixtures, equipment, intellectual property and other goods
related to the Debtor’s business operations, however situate and wherever held; and
D. All other vehicles and tools utilized at the Debtor’s training center including but not
limited to numerous Ford Crown Victoria's, Chevy Tahoes, Jeep Cherokees, Toyota 4
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Runners and other Training Vehicles. Exceeding 50 Vehicles total untagged. Kubota
Zero Turn Mower ZD331 Agrimetal Blower Serial Number 15542 massey Ferguson
4225 Tractor with 1038 Loader Land Pride Brush Cutter RCF 3096 20 Ton Log Splitter
(items A-D above collectively, “Collateral”).
Debtor hereby represents and agrees that:
OWNERSHIP. Debtor owns the Collateral. The Collateral is free and clear of all liens,
security interests, and claims except those previously reported in writing to and approved by
Lender, and Debtor will keep the Collateral free and clear from all liens, security interests and
claims, other than those granted to or approved by Lender. All income, dividends, earnings and
profits with respect to the Collateral shall be reported for state and federal income tax purposes
as attributable to the Debtor and not Lender, and Lender or any other person authorized to report
income distributions, is authorized to issue IRS Forms 1099 indicating Debtor as the recipient of
such income, earnings and profits.
NAME AND OFFICES. The name and address of Debtor appearing at the beginning of this
Agreement are Debtor’s exact legal name and the address of its residence.
TITLE/TAXES. Debtor has good and marketable title to the Collateral and will warrant and
defend same against all claims. Debtor will not transfer, sell, or lease Collateral (except as
permitted herein). Debtor agrees to pay promptly all taxes and assessments upon or for the use
of Collateral and on this Security Agreement. At its option, Lender may discharge taxes, liens,
security interests or other encumbrances at any time levied or placed on Collateral. Debtor
agrees to reimburse Lender, on demand, for any such payment made by Lender. Any amounts so
paid shall be added to the Secured Obligations.
WAIVERS. Debtor agrees not to assert against Lender as a defense (legal or equitable), as a
set-off, as a counterclaim, or otherwise, any claims Debtor may have against any seller or lessor
that provided personal property or services relating to any part of the Collateral or against any
other party liable to Lender for all or any part of the Secured Obligations. Debtor waives all
exemptions and homestead rights with regard to the Collateral. Debtor waives any and all rights
to any bond or security which might be required by applicable law prior to the exercise of any of
Lender's remedies against any Collateral. All rights of Lender and security interests hereunder,
and all obligations of Debtor hereunder, shall be absolute and unconditional, not discharged or
impaired irrespective of (and regardless of whether Debtor receives any notice of): (i) any lack
of validity or enforceability of the Note and other documents memorialized in the sale of the
Business; (ii) any change in the time, manner or place of payment or performance, or in any
term, of all or any of the Secured Obligations or the Note and other documents memorialized in
the sale of the Business or any other amendment or waiver of or any consent to any departure
from the Note and other documents memorialized in the sale of the Business; or (iii) any
exchange, insufficiency, unenforceability, enforcement, release, impairment or non-perfection of
any collateral, or any release of or modifications to or insufficiency, unenforceability or
enforcement of the obligations of any guarantor or other obligor. To the extent permitted by law,
Debtor hereby waives any rights under any valuation, stay, appraisement, extension or
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redemption laws now existing or which may hereafter exist and which, but for this provision,
might be applicable to any sale or disposition of the Collateral by Lender; and any other
circumstance which might otherwise constitute a defense available to, or a discharge of any party
with respect to the Secured Obligations.
NOTIFICATIONS; LOCATION OF COLLATERAL. Debtor will notify Lender in writing
at least 30 days prior to any change in: (i) Debtor's chief place of business and/or residence; (ii)
Debtor's name or identity; (iii) Debtor's corporate/organizational structure; or (iv) the jurisdiction
in which Debtor is organized. In addition, Debtor shall promptly notify Lender of any claims or
alleged claims of any other person or entity to the Collateral or the institution of any litigation,
arbitration, governmental investigation or administrative proceedings against or affecting the
Collateral. Debtor will keep Collateral at the location(s) previously provided to Lender until
such time as Lender provides written advance consent to a change of location. Debtor will bear
the cost of preparing and filing any documents necessary to protect Lender's liens.
FINANCING STATEMENTS, CERTIFICATES OF TITLE, POWER OF ATTORNEY.
No financing statement (other than any filed or approved by Lender) covering any Collateral is
on file in any public filing office. Debtor authorizes the filing of one or more financing
statements covering the Collateral in form satisfactory to Lender, and without Debtor's signature
where authorized by law, agrees to deliver certificates of title on which Lender’s lien has been
indicated covering any Collateral subject to a certificate of title statute, and will pay all costs and
expenses of filing or applying for the same or of filing this Security Agreement in all public
filing offices, where filing is deemed by Lender to be desirable. Debtor hereby constitutes and
appoints Lender the true and lawful attorney of Debtor with full power of substitution to take any
and all appropriate action and to execute any and all documents, instruments or applications that
may be necessary or desirable to accomplish the purpose and carry out the terms of this Security
Agreement, including, without limitation, to complete, execute, and deliver instructions to third
party(ies) regarding, among other things, control and disposition of any Collateral, and
endorsements desirable for transfer or delivery of any Collateral, registration of any Collateral
under applicable laws, retitling any Collateral, receipt, endorsement and/or collection of all
checks and other orders for payment of money payable to Debtor with respect to Collateral. The
foregoing power of attorney is coupled with an interest and shall be irrevocable until all of the
Secured Obligations have been paid in full. Neither Lender nor anyone acting on its behalf shall
be liable for acts, omissions, errors in judgment, or mistakes in fact in such capacity as attorney-
in-fact. Debtor ratifies all acts of Lender as attorney-in-fact. Debtor agrees to take such other
actions, at Debtor’s expense, as might be requested for the perfection, continuation and
assignment, in whole or in part, of the security interests granted herein and to assure and preserve
Lender’s intended priority position.
COLLATERAL DUTIES. Lender shall have no custodial or ministerial duties to perform with
respect to Collateral pledged, as a result of this Security Agreement or any of the Note and other
documents memorialized in the sale of the Business, except as set forth herein; and by way of
explanation and not by way of limitation, Lender shall incur no liability for any of the following:
(i) loss or depreciation of Collateral (unless caused by its willful misconduct or gross
negligence), (ii) failure to present any paper for payment or protest, to protest or give notice of
nonpayment, or any other notice with respect to any paper or Collateral, (iii) failure to ascertain,
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notify Debtor of, or take any action in connection with any conversion, call, redemption,
retirement or any other event relating to any of the Collateral, or failure to notify any party hereto
that Collateral should be presented or surrendered for any such reason. Debtor acknowledges
that Lender is not an investment advisor or insurer with respect to the Collateral, as a result of
this Security Agreement or any of the Note and other documents memorialized in the sale of the
Business; and Lender has no duty to advise Debtor of any actual or anticipated changes in the
value of the Collateral, as a result of this Security Agreement or any of the Note and other
documents memorialized in the sale of the Business.
TRANSFER OF COLLATERAL. Lender may assign its rights in Collateral or any part
thereof to any assignee who shall thereupon become vested with all the powers and rights herein
given to Lender with respect to the property so transferred and delivered, and Lender shall
thereafter be forever relieved and fully discharged from any liability with respect to such
property so transferred, but with respect to any property not so transferred, Lender shall retain all
rights and powers hereby given.
INSPECTION, BOOKS AND RECORDS. Debtor will at all times keep accurate and
complete records covering each item of Collateral, including the proceeds therefrom. Lender, or
any of its agents, shall have the right, at intervals to be determined by Lender and without
hindrance or delay, at Debtor’s expense, to inspect, audit, and examine the Collateral during
normal business hours and to make copies of and extracts from the books, records, journals,
orders, receipts, correspondence and other data relating to Collateral, Debtor's business or any
other transaction between the parties hereto. Debtor will at its expense furnish Lender copies
thereof upon request. For the further security of Lender, it is agreed that Lender has and is
hereby granted a security interest in all books and records of Debtor pertaining to the Collateral.
COMPLIANCE WITH LAW. Debtor will comply with all federal, state and local laws and
regulations, applicable to it, including without limitation, laws and regulations relating to the
environment, labor or economic sanctions, in the creation, use, operation, manufacture and
storage of the Collateral and the conduct of its business.
ATTORNEYS' FEES AND OTHER COSTS OF COLLECTION. Debtor shall pay all of
Lender's reasonable expenses incurred in enforcing this Security Agreement and in preserving
and liquidating Collateral, including but not limited to, reasonable arbitration, paralegals’,
attorneys’ and experts’ fees and expenses, whether incurred with or without the commencement
of a suit, trial, arbitration, or administrative proceeding, or in any appellate or bankruptcy
proceeding.
DEFAULT. If any of the following occurs, a default (“Default”) under this Security Agreement
shall exist: Note. A default under any Note and other documents memorialized in the sale of the
Business. Collateral Loss or Destruction. Any loss, theft, substantial damage, or destruction
of Collateral not fully covered by insurance, or as to which insurance proceeds are not remitted
to Lender within 30 days of the loss. Collateral Sale, Lease or Encumbrance. Any sale, lease,
or encumbrance of any Collateral not specifically permitted herein without prior written consent
of Lender. Levy, Seizure or Attachment. The making of any levy, seizure, or attachment on or
of Collateral which is not removed within 10 days. Third Party Breach. Any default or breach
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by a Third Party of any provision contained in any Control Agreement executed in connection
with any of the Collateral. Unauthorized Termination. Any attempt to terminate, revoke,
rescind, modify, or violate the terms of this Security Agreement or any Control Agreement
without the prior written consent of Lender.
REMEDIES ON DEFAULT (INCLUDING POWER OF SALE). If a Default occurs Lender
shall have all the rights and remedies of a secured party under the Uniform Commercial Code.
Without limitation thereto, Lender shall have the following rights and remedies: (i) to take
immediate possession of Collateral, without notice or resort to legal process, and for such
purpose, to enter upon any premises on which Collateral or any part thereof may be situated and
to remove the same therefrom, or, at its option, to render Collateral unusable or dispose of said
Collateral on Debtor's premises; (ii) to require Debtor to assemble the Collateral and make it
available to Lender at a place to be designated by Lender; (iii) to exercise its or its affiliate’s
right of set-off or Lender lien as to any monies of Debtor deposited in deposit accounts and
investment accounts of any nature maintained by Debtor with Lender or affiliates of Lender,
without advance notice, regardless of whether such accounts are general or special; (iv) to
dispose of Collateral, as a unit or in parcels, separately or with any real property interests also
securing the Secured Obligations, in any county or place to be selected by Lender, at either
private or public sale (at which public sale Lender may be the purchaser) with or without having
the Collateral physically present at said sale. In addition to the foregoing, Lender shall be
authorized to: transfer into Lender's name or the name of its nominee, all or any part of the
Collateral; receive all interest, dividends, and other proceeds of the Collateral; notify any person
obligated on any Collateral of the security interest of Lender therein and require such person to
make payment directly to Lender; demand, sue for, collect or receive the Collateral and any
proceeds thereof, and/or make any settlement or compromise as Lender deems desirable with
respect to any Collateral; and exercise any voting, conversion, registration, purchase or other
rights of an owner, holder or entitlement holder of the Collateral. Debtor agrees that Lender may
exercise its rights under this Security Agreement without regard for the actual or potential tax
consequences to Debtor under federal or state law and without regard to any instructions or
directives given Lender by Debtor.
Any notice of sale, disposition or other action by Lender required by law and sent to Debtor at
Debtor's address shown above, or at such other address of Debtor as may from time to time be
shown on the records of Lender, at least 5 days prior to such action, shall constitute reasonable
notice to Debtor. Notice shall be deemed given or sent when mailed postage prepaid to Debtor's
address as provided herein. Lender shall be entitled to apply the proceeds of any sale or other
disposition of the Collateral, and the payments received by Lender with respect to any of the
Collateral, to Secured Obligations in such order and manner as Lender may determine.
Collateral that is perishable or subject to rapid declines in value or is customarily sold in
recognized markets may be disposed of by Lender without providing notice of sale. Debtor
waives any and all requirements that the Lender sell or dispose of all or any part of the Collateral
at any particular time, regardless of whether Debtor has requested such sale or disposition.
REMEDIES ARE CUMULATIVE. No failure on the part of Lender to exercise, and no delay
in exercising, any right, power or remedy hereunder shall operate as a waiver thereof, nor shall
any single or partial exercise by Lender or any right, power or remedy hereunder preclude any
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other or further exercise thereof or the exercise of any right, power or remedy. The remedies
herein provided are cumulative and are not exclusive of any remedies provided by law, in equity,
or in other Note and other documents memorialized in the sale of the Business.
INDEMNIFICATION. Debtor shall protect, indemnify and save harmless Lender from and
against all losses, liabilities, obligations, claims, damages, penalties, fines, causes of action, costs
and expenses (including, without limitation, reasonable attorneys’ fees and expenses)
(collectively, “Damages”) imposed upon, incurred by or asserted or assessed against Lender on
account of or in connection with (i) the Note and other documents memorialized in the sale of
the Business or any failure or alleged failure of Debtor to comply with any of the terms of, or the
inaccuracy or breach of any representation in, the Note and other documents memorialized in the
sale of the Business, (ii) the Collateral or any claim of loss or damage to the Collateral or any
injury or claim of injury to, or death of, any person or property that may be occasioned by any
cause whatsoever pertaining to the Collateral or the use, occupancy or operation thereof, (iii) any
failure or alleged failure of Debtor to comply with any law, rule or regulation applicable to it or
to the Collateral or the use, occupancy or operation of the Collateral (including, without
limitation, the failure to pay any taxes, fees or other charges), (iv) any Damages whatsoever by
reason of any alleged action, obligation or undertaking of Lender relating in any way to or any
matter contemplated by the Note and other documents memorialized in the sale of the Business,
or (v) any claim for brokerage fees or such other commissions relating to the Collateral. Nothing
contained herein shall require Debtor to indemnify Lender for any Damages resulting from
Lender's gross negligence or its willful misconduct, and such indemnity shall be effective only to
the extent of any Damages that may be sustained by Lender in excess of any net proceeds
received by it from any insurance of Debtor (other than self-insurance) with respect to such
Damages. The indemnity provided for herein shall survive payment of the Secured Obligations
and shall extend to the officers, directors, employees and duly authorized agents of Lender. In
the event Lender incurs any Damages arising out of or in any way relating to the transaction
contemplated by the Note and other documents memorialized in the sale of the Business
(including any of the matters referred to in this section), the amounts of such Damages shall be
added to the Secured Obligations, shall bear interest, to the extent permitted by law, at the
interest rate borne by the Secured Obligations from the date incurred until paid and shall be
payable on demand.
MISCELLANEOUS. (i) Amendments and Waivers. No waiver, amendment or modification
of any provision of this Security Agreement shall be valid unless in writing and signed by Debtor
and an officer of Lender. No waiver by Lender of any Default shall operate as a waiver of any
other Default or of the same Default on a future occasion. (ii) Assignment. All rights of Lender
hereunder are freely assignable, in whole or in part, and shall inure to the benefit of and be
enforceable by Lender, its successors, assigns and affiliates. Debtor shall not assign its rights
and interest hereunder without the prior written consent of Lender, and any attempt by Debtor to
assign without Lender's prior written consent is null and void. Any assignment shall not release
Debtor from the Secured Obligations. This Security Agreement shall be binding upon Debtor,
and the heirs, personal representatives, successors, and assigns of Debtor. (iii) Applicable Law;
Conflict Between Documents. This Security Agreement shall be governed by and interpreted in
accordance with federal law and, except as preempted by federal law, the laws of the state named
in Lender's address on the first page hereof without regard to that state's conflict of laws
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principles, except to the extent that the UCC requires the application of the law of a different
jurisdiction. If any terms of this Security Agreement conflict with the terms of any commitment
letter or loan proposal, the terms of this Security Agreement shall control. (iv) Jurisdiction.
Debtor irrevocably agrees to non-exclusive personal jurisdiction in the state named in the
Lender’s address on the first page hereof. (v) Severability. If any provision of this Security
Agreement shall be prohibited by or invalid under applicable law, such provision shall be
ineffective but only to the extent of such prohibition or invalidity, without invalidating the
remainder of such provision or the remaining provisions of this Security Agreement. (vi)
Payments. All payments shall be made payable to Creditor and delivered to the address at the
top of page 1 of this Security Agreement or such other address as provided by Lender in writing.
(vii) Notices. Any notices to Debtor shall be sufficiently given, if in writing and mailed or
delivered to the address of Debtor shown above or such other address as provided hereunder; and
to Lender, if in writing and mailed or delivered to the addresses shown above or such other
address as Lender may specify in writing from time to time. In the event that Debtor changes
Debtor's mailing address at any time prior to the date the Secured Obligations are paid in full,
Debtor agrees to promptly give written notice of said change of address by registered or certified
mail, return receipt requested, all charges prepaid. (viii) Captions. The captions contained
herein are inserted for convenience only and shall not affect the meaning or interpretation of this
Security Agreement or any provision hereof. The use of the plural shall also mean the singular,
and vice versa. (ix) Joint and Several Liability. If more than one party has signed this Security
Agreement, such parties are jointly and severally obligated hereunder. (x) Binding Contract.
Debtor by execution and Lender by acceptance of this Security Agreement, agree that each party
is bound by all terms and provisions of this Security Agreement. (xi) Final Agreement. This
Agreement and the other Note and other documents memorialized in the sale of the Business
represent the final agreement between the parties and may not be contradicted by evidence of
prior, contemporaneous or subsequent agreements of the parties. There are no unwritten
agreements between the parties.
Signature page follows
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IN WITNESS WHEREOF, Debtor, on the day and year first written above, has caused this
Security Agreement to be duly executed under seal.
TENX Group, LLC
By: [signature] (SEAL)
James Punelli, President
By: [signature] (SEAL)
Raymond Jones, CEO
[signature] (SEAL)
James Punelli, Individually
[signature] (SEAL)
Raymond Jones, Individually
Panthera Training Center, LLC
By: [signature] (SEAL)
James Punelli, President
By: [signature] (SEAL)
Raymond Jones, CEO
Blue Force Technologies, Inc.
By: [signature] (SEAL)
James Punelli, President
By: [signature] (SEAL)
Raymond Jones, CEO
Panthera Woldwide, LLC
By: [signature] (SEAL)
James Punelli, President
By: [signature] (SEAL)
Raymond Jones, CEO
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Panthera Training Center Date:
Weapons Inventory Name:
Admin # Rack # Manufacturer Model Serial# Action Caliber Other
1 1 Remington 870 RS87239C Pump 12 GA n/a
2 2 Remington 870 RS90272C Pump 12 GA n/a
1 1 Mossberg 590 T579258 Pump 12 GA n/a
2 2 Mossberg 590 T579468 Pump 12 GA n/a
1 1 Century Arms AK 47 1964 EF 3314 Semi 7.62mm n/a
2 2 Century Arms AK 47 1967 EF 2298 Semi 7.62mm n/a
3 3 Century Arms AK 47/C39 C39WM-003909 Semi 7.6mm n/a
4 4 Century Arms AK 47/C39 C39WM-002119 Semi 7.62mm n/a
5 5 Century Arms AK 47/C39 39NC08017 Semi 7.62mm n/a
6 6 Century Arms AK 47/C39 39NC08086 Semi 7.62mm n/a
1 Glock 19 RTG196 Semi 9mm n/a
2 Glock 19 RTG197 Semi 9mm n/a
3 Glock 19 RTG[illegible]98 Semi 9mm n/a
4 Glock 19 RTG199 Semi 9mm n/a
5 Glock 19 RTG2[illegible]0 Semi 9mm n/a
6 Glock 19 RTG202 Semi 9mm n/a
7 Glock 19 RTG203 Semi 9mm n/a
8 Glock 19 RTG204 Semi 9mm n/a
9 Glock 19 RTG205 Semi 9mm n/a
10 Glock 19 RTG206 Semi 9mm n/a
11 Glock 19 RTG209 Semi 9mm n/a
12 Glock 19 RTG210 Semi 9mm n/a
1 Glock 22 DLM70[illegible]US Semi 40 cal n/a
2 Glock 22 DLM705US Semi 40 cal n/a
3 Glock 22 DLM732US Semi 40 cal n/a
4 Glock 22 DLM750US Semi 40 cal n/a
5 Glock 22 DLM733US Semi 40 cal n/a
1 1 Springfield XDM MG747852 Semi 9mm n/a
1 Shelf Mag Tac Suppression 010212-02 n/a 5.56mm n/a
1 Shelf EO Tech 512 A0408364 n/a n/a n/a
2 Shelf EO Tech 512 A0408410 n/a n/a n/a
3 Shelf EO Tech 512 A0408531 n/a n/a n/a
4 Shelf EO Tech 512 A0408450 n/a n/a n/a
5 Shelf EO Tech 512 A0408451 n/a n/a n/a
6 Shelf EO Tech 512 A0408366 n/a n/a n/a
7 Shelf EO Tech 512 A0408367 n/a n/a n/a
8 Shelf EO Tech 512 A0408418 n/a n/a n/a
9 Shelf EO Tech 512 A0408350 n/a n/a n/a
10 Shelf EO Tech 512 A0408412 n/a n/a n/a
11 Shelf EO Tech 512 A0408420 n/a n/a n/a
12 Shelf EO Tech 512 A0408415 n/a n/a n/a
13 Shelf EO Tech 512 A0408411 n/a n/a n/a
14 Shelf EO Tech 512 A0408419 n/a n/a n/a
15 Shelf EO Tech 512 A0408454 n/a n/a n/a
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Panthera Training Center Date:
Weapons Inventory Name:
Admin # Rack # Manufacturer Model Serial# Action Caliber Other
16 Shelf EO Tech 512 A0408449 n/a n/a n/a
17 Shelf EO Tech 512 A0408414 n/a n/a n/a
18 Shelf EO Tech 512 A0408453 n/a n/a n/a
19 Shelf EO Tech 512 A0408361 n/a n/a n/a
20 Shelf EO Tech 512 A0408389 n/a n/a n/a
21 Shelf EO Tech 512 A0408359 n/a n/a n/a
22 Shelf EO Tech 512 A0408636 n/a n/a n/a
23 Shelf EO Tech 512 A0408362 n/a n/a n/a
24 Shelf EO Tech 512 A0408365 n/a n/a n/a
25 Shelf EO Tech 512 A0408363 n/a n/a n/a
26 Shelf EO Tech 512 A0408383 n/a n/a n/a
27 Shelf EO Tech 512 A0408360 n/a n/a n/a
28 Shelf EO Tech 512 A0408358 n/a n/a n/a
29 Shelf EO Tech 512 A0408371 n/a n/a n/a
30 Shelf EO Tech 512 125006 n/a n/a n/a
31 Shelf EO Tech 512 172220 n/a n/a n/a
32 Shelf EO Tech 512 277977 n/a n/a n/a
33 Shelf EO Tech 512 264508 n/a n/a n/a
1 1 Colt AR-15/LE6920/L LEO61461 Semi 5.56mm n/a
2 2 Colt AR-15/LE6920/L LEO60720 Semi 5.56mm n/a
3 3 Colt AR-15/LE6920/L LEO61837 Semi 5.56mm n/a
4 4 Colt AR-15/LE6920/L LEO61404 Semi 5.56mm n/a
5 5 Colt AR-15/LE6920/L LEO60974 Semi 5.56mm n/a
6 6 Colt AR-15/LE6920/L LEO62595 Semi 5.56mm n/a
7 9 Colt AR-15/LE6920/L LEO61064 Semi 5.56mm n/a
8 10 Colt AR-15/LE6920/L LEO61371 Semi 5.56mm n/a
9 11 Colt AR-15/LE6920/L LEO61686 Semi 5.56mm n/a
10 12 Colt AR-15/LE6920/L LEO60745 Semi 5.56mm n/a
11 13 Colt AR-15/LE6920/L LEO62589 Semi 5.56mm n/a
12 14 Colt AR-15/LE6920/L LEO61503 Semi 5.56mm n/a
13 15 Colt AR-15/LE6920/L LEO60874 Semi 5.56mm n/a
14 20 Colt AR-15/LE6920/L LEO62590 Semi 5.56mm n/a
15 21 Colt AR-15/LE6920/L LEO61078 Semi 5.56mm n/a
16 22 Colt AR-15/LE6920/L LEO61827 Semi 5.56mm n/a
17 23 Colt AR-15/LE6920/L LEO60944 Semi 5.56mm n/a
18 24 Colt AR-15/LE6920/L LEO61916 Semi 5.56mm n/a
19 25 Colt AR-15/LE6920/L LEO61444 Semi 5.56mm n/a
20 26 Colt AR-15/LE6920/L LEO61691 Semi 5.56mm n/a
21 27 Colt AR-15/LE6920/L LEO61902 Semi 5.56mm n/a
22 28 Colt AR-15/LE6920/L LEO61120 Semi 5.56mm n/a
23 29 Colt AR-15/LE6920/L LEO60973 Semi 5.56mm n/a
24 30 Colt AR-15/LE6920/L LEO62553 Semi 5.56mm n/a
25 31 Colt AR-15/LE6920/L LEO61467 Semi 5.56mm n/a
26 32 Colt AR-15/LE6920/L LEO61488 Semi 5.56mm n/a
27 33 Colt AR-15/LE6920/L LEO62015 Semi 5.56mm n/a
No. 2:19-bk-00787 Doc 75-6 Filed 12/11/19 Entered 12/11/19 16:47:35 Page 11 of 18
No. 2:19-bk-00787 Doc 52-8 Filed 11/02/19 Entered 11/02/19 10:03:07 Page 28 of 35
Panthera Training Center Date:
Weapons Inventory Name:
Admin # Rack # Manufacturer Model Serial# Action Caliber Other
28 34 Colt AR-15/LE6920/L LEO61540 Semi 5.56mm n/a
29 35 Colt AR-15/LE6920/L LEO61292 Semi 5.56mm n/a
30 36 Colt AR-15/LE6920/L LEO62494 Semi 5.56mm n/a
31 37 Colt AR-15/LE6920/L LEO61017 Semi 5.56mm n/a
32 38 Colt AR-15/LE6920/L LEO60847 Semi 5.56mm n/a
33 39 Colt AR-15/LE6920/L LEO61724 Semi 5.56mm n/a
34 40 Colt AR-15/LE6920/L LEO61580 Semi 5.56mm n/a
1 41 Colt AR-15/LE6921/L LEO87495 Semi 5.56mm 10.5"
2 42 Colt AR-15/LE6921/L LEO87467 Semi 5.56mm 10.5"
3 43 Colt AR-15/LE6921/L LEO87498 Semi 5.56mm 10.5"
4 44 Colt AR-15/LE6921/L LEO87472 Semi 5.56mm 10.5"
5 45 Colt AR-15/LE6921/L LEO87478 Semi 5.56mm 10.5"
6 46 Colt AR-15/LE6921/L LEO87474 Semi 5.56mm 10.5"
7 47 Colt AR-15/LE6921/L LEO77527 Semi 5.56mm 10.5"
8 48 Colt AR-15/LE6921/L LEO87459 Semi 5.56mm 10.5"
9 49 Colt AR-15/LE6921/L LEO87493 Semi 5.56mm 10.5"
10 50 Colt AR-15/LE6921/L LEO30665 Semi 5.56mm 10.5"
11 51 Colt AR-15/LE6921/L LEO87496 Semi 5.56mm 10.5"
12 52 Colt AR-15/LE6921/L LEO87480 Semi 5.56mm 10.5"
13 53 Colt AR-15/LE6921/L LEO87481 Semi 5.56mm 10.5"
14 54 Colt AR-15/LE6921/L LEO87488 Semi 5.56mm 10.5"
15 55 Colt AR-15/LE6921/L LEO41508 Semi 5.56mm 10.5"
16 56 Colt AR-15/LE6921/L LEO92379 Semi 5.56mm 10.5"
17 57 Colt AR-15/LE6921/L LEO92380 Semi 5.56mm 10.5"
18 58 Colt AR-15/LE6921/L LEO92381 Semi 5.56mm 10.5"
19 59 Colt AR-15/LE6921/L LEO92382 Semi 5.56mm 10.5"
20 60 Colt AR-15/LE6921/L LEO92383 Semi 5.56mm 10.5"
21 61 Colt AR-15/LE6921/L LEO92384 Semi 5.56mm 10.5"
22 62 Colt AR-15/LE6921/L LEO92385 Semi 5.56mm 10.5"
23 63 Colt AR-15/LE6921/L LEO92386 Semi 5.56mm 10.5"
24 64 Colt AR-15/LE6921/L LEO92387 Semi 5.56mm 10.5"
25 65 Colt AR-15/LE6921/L LEO92388 Semi 5.56mm 10.5"
26 66 Colt AR-15/LE6921/L LEO92389 Semi 5.56mm 10.5"
27 67 Colt AR-15/LE6921/L LEO92390 Semi 5.56mm 10.5"
28 68 Colt AR-15/LE6921/L LEO92391 Semi 5.56mm 10.5"
29 69 Colt AR-15/LE6921/L LEO92392 Semi 5.56mm 10.5"
30 70 Colt AR-15/LE6921/L LEO92393 Semi 5.56mm 10.5"
31 71 Colt AR-15/LE6921/L LEO92394 Semi 5.56mm 10.5"
32 72 Colt AR-15/LE6921/L LEO92395 Semi 5.56mm 10.5"
33 73 Colt AR-15/LE6921/L LEO92396 Semi 5.56mm 10.5"
34 74 Colt AR-15/LE6921/L LEO92397 Semi 5.56mm 10.5"
35 75 Colt AR-15/LE6921/L LEO92398 Semi 5.56mm 10.5"
1 Sims Glock 9mm GDLGC6406-07 Semi 9mm n/a
2 Sims Glock 9mm GDLGC6429-07 Semi 9mm n/a
3 Sims Glock 9mm GDLGC6462-07 Semi 9mm n/a
No. 2:19-bk-00787 Doc 75-6 Filed 12/11/19 Entered 12/11/19 16:47:35 Page 12 of 18
No. 2:19-bk-00787 Doc 52-8 Filed 11/02/19 Entered 11/02/19 10:03:07 Page 29 of 35
Panthera Training Center Date:
Weapons Inventory Name:
Admin # Rack # Manufacturer Model Serial# Action Caliber Other
4 Sims Glock 9mm GDLGC6494-07 Semi 9mm n/a
5 Sims Glock 9mm GDLGC6485-07 Semi 9mm n/a
1 Sims Beretta 9mm GDLBD13201-06A Semi 9mm n/a
2 Sims Beretta 9mm GDLBD13199-06A Semi 9mm n/a
3 Sims Beretta 9mm GDLBD13192-06A Semi 9mm n/a
4 Sims Beretta 9mm GDLBD13208-06A Semi 9mm n/a
5 Sims Beretta 9mm GDLBD13206-06A Semi 9mm n/a
1 Sims M4 Bolts GDLMP33066-04 Semi 5.56mm n/a
2 Sims M4 Bolts GDLMP33267-04 Semi 5.56mm n/a
3 Sims M4 Bolts GDLMP33223-04 Semi 5.56mm n/a
4 Sims M4 Bolts GDLMP33220-04 Semi 5.56mm n/a
5 Sims M4 Bolts GDLMP33224-04 Semi 5.56mm n/a
6 Sims M4 Bolts GDLMP33266-04 Semi 5.56mm n/a
7 Sims M4 Bolts GDLMP33221-04 Semi 5.56mm n/a
8 Sims M4 Bolts GDLMP33294-04 Semi 5.56mm n/a
9 Sims M4 Bolts GDLMP33293-04 Semi 5.56mm n/a
10 Sims M4 Bolts GDLMP33292-04 Semi 5.56mm n/a
No. 2:19-bk-00787 Doc 75-6 Filed 12/11/19 Entered 12/11/19 16:47:35 Page 13 of 18
No. 2:19-bk-00787 Doc 52-8 Filed 11/02/19 Entered 11/02/19 10:03:07 Page 30 of 35
DEPARTMENT OF TRANSPORTATION
DIVISION OF MOTOR VEHICLES
FOR DIVISION USE ONLY
R N T E
CLASS
LICENSE #
MAKE YEAR
EXP DATE
[seal: State of West Virginia, Montani Semper Liberi]
CERTIFICATE OF TITLE TO A MOTOR VEHICLE
The Division of Motor Vehicles of West Virginia certifies that pursuant to an application under oath and in substance prescribed by the laws of
West Virginia and filed with said Division the applicant whose name and address first hereinbelow appear, has been registered in the office of
said Division as the lawful owner of the vehicle/boat hereinafter described or is otherwise entitled to have said vehicle/boat registered in the name of said
applicant that is to say
ODOMETER READING IS NOT REQUIRED
05
10
13 35
MAKE/BODY YEAR MODEL VEHICLE/BOAT IDENTIFICATION NO. WEIGHT/LENGTH TITLE NUMBER PREVIOUS TITLE NUMBER
CHEV UT 1998 1GNGK26R0WJ320312 6014 DM94517 CY10915
05/10/2013
PANTHERA TRAINING CENTER
P O BX 981
OLD FIELDS WV
26845
Said Division further certifies that from said verified application it appears the above [illegible] is subject to the lien and encumbrance
described below, and none other that is to say
FIRST LIEN
Name and mail address of Lienholder
RELEASE
[illegible] released on
[illegible] 20
[illegible]
taken, subscribed and sworn to before me this the [illegible] day of 20
Notary Public
My commission expires [illegible] day of 20
SECOND LIEN
Name and mail address of Lienholder
RELEASE
[illegible] released [illegible] 20
Name of Lienholder
Signature of [illegible] officer
taken, subscribed and sworn to before me this the day of , 20
Notary Public
My commission expires on day of 20
Witness the corporate name of the Division of
Motor Vehicles of West Virginia and the seal of said
Division the day of year set beneath the name of
the applicant on the Certificate
[seal: Division of Motor Vehicles of W. Va., Official Seal]
DIVISION OF MOTOR VEHICLES
[illegible]
DO NOT ACCEPT THIS TITLE UNLESS IT CONTAINS AN EAGLE WATERMARK. HOLD TO LIGHT TO VIEW.
No. 2:19-bk-00787 Doc 75-6 Filed 12/11/19 Entered 12/11/19 16:47:35 Page 14 of 18
No. 2:19-bk-00787 Doc 52-8 Filed 11/02/19 Entered 11/02/19 10:03:07 Page 31 of 35
DEPARTMENT OF TRANSPORTATION
DIVISION OF MOTOR VEHICLES
FOR DIVISION USE ONLY
R N T E
CLASS
LICENSE #
MAKE YEAR
EXP DATE
[seal: State of West Virginia, Montani Semper Liberi]
CERTIFICATE OF TITLE TO A MOTOR VEHICLE
The Division of Motor Vehicles of West Virginia certifies that pursuant to an application under oath and in substance prescribed by the laws of
West Virginia and filed with said Division the applicant whose name and address first hereinbelow appear, has been registered in the office of
said Division as the lawful owner of the vehicle/boat hereinafter described or is otherwise entitled to have said vehicle/boat registered in the name of said
applicant that is to say
ODOMETER READING IS NOT REQUIRED
05
02
13 07
MAKE/BODY YEAR MODEL VEHICLE/BOAT IDENTIFICATION NO. WEIGHT/LENGTH TITLE NUMBER PREVIOUS TITLE NUMBER
DODG CW 2002 1B7HU18N32J104802 8000 DM94270 DB88956
05/02/2013
PANTHERA TRAINING CENTER
PO BX 981
OLD FIELDS WV
26845
Said Division further certifies that from said verified application it appears the above [illegible] is subject to the lien and encumbrance
described below, and none other that is to say
FIRST LIEN
Name and mail address of Lienholder
RELEASE
[illegible] released on
[illegible] 20
[illegible]
taken, subscribed and sworn to before me this the [illegible] day of 20
Notary Public
My commission expires [illegible] day of 20
SECOND LIEN
Name and mail address of Lienholder
RELEASE
[illegible] released [illegible] 20
Name of Lienholder
Signature of [illegible] officer
taken, subscribed and sworn to before me this the day of , 20
Notary Public
My commission expires on day of 20
Witness the corporate name of the Division of
Motor Vehicles of West Virginia and the seal of said
Division the day of year set beneath the name of
the applicant on the Certificate
[seal: Division of Motor Vehicles of W. Va., Official Seal]
DIVISION OF MOTOR VEHICLES
[illegible]
DO NOT ACCEPT THIS TITLE UNLESS IT CONTAINS AN EAGLE WATERMARK. HOLD TO LIGHT TO VIEW.
No. 2:19-bk-00787 Doc 75-6 Filed 12/11/19 Entered 12/11/19 16:47:35 Page 15 of 18
No. 2:19-bk-00787 Doc 52-8 Filed 11/02/19 Entered 11/02/19 10:03:07 Page 32 of 35
DEPARTMENT OF TRANSPORTATION
DIVISION OF MOTOR VEHICLES
FOR DIVISION USE ONLY
R N T E
CLASS
LICENSE #
MAKE YEAR
EXP DATE
[seal: State of West Virginia, Montani Semper Liberi]
CERTIFICATE OF TITLE TO A MOTOR VEHICLE
The Division of Motor Vehicles of West Virginia certifies that pursuant to an application under oath and in substance prescribed by the laws of
West Virginia and filed with said Division the applicant whose name and address first hereinbelow appear, has been registered in the office of
said Division as the lawful owner of the vehicle/boat hereinafter described or is otherwise entitled to have said vehicle/boat registered in the name of said
applicant that is to say
ODOMETER READING IS NOT REQUIRED
05
02
13 07
MAKE/BODY YEAR MODEL VEHICLE/BOAT IDENTIFICATION NO. WEIGHT/LENGTH TITLE NUMBER PREVIOUS TITLE NUMBER
FORD PK 1995 1FTEF14NXSNB68010 10000 DM94273
05/02/2013
PANTHERA TRAINING CENTER
PO BX 981
OLD FIELDS WV
26845
Said Division further certifies that from said verified application it appears the above [illegible] is subject to the lien and encumbrance
described below, and none other that is to say
FIRST LIEN
Name and mail address of Lienholder
RELEASE
[illegible] released on
[illegible] 20
[illegible]
taken, subscribed and sworn to before me this the [illegible] day of 20
Notary Public
My commission expires [illegible] day of 20
SECOND LIEN
Name and mail address of Lienholder
RELEASE
This lien fully paid, satisfied and released on
this the day of , 20
Name of Lienholder
Signature of person or officer
taken, subscribed and sworn to before me this the day of , 20
Notary Public
My commission expires on day of 20
Witness the corporate name of the Division of
Motor Vehicles of West Virginia and the seal of said
Division the day of year set beneath the name of
the applicant on the Certificate
[seal: Division of Motor Vehicles of W. Va., Official Seal]
DIVISION OF MOTOR VEHICLES
[illegible]
DO NOT ACCEPT THIS TITLE UNLESS IT CONTAINS AN EAGLE WATERMARK. HOLD TO LIGHT TO VIEW.
No. 2:19-bk-00787 Doc 75-6 Filed 12/11/19 Entered 12/11/19 16:47:35 Page 16 of 18
No. 2:19-bk-00787 Doc 52-8 Filed 11/02/19 Entered 11/02/19 10:03:07 Page 33 of 35
DEPARTMENT OF TRANSPORTATION
DIVISION OF MOTOR VEHICLES
FOR DIVISION USE ONLY
R N T E
CLASS
LICENSE #
MAKE YEAR
EXP DATE
[seal: State of West Virginia, Montani Semper Liberi]
CERTIFICATE OF TITLE TO A MOTOR VEHICLE
The Division of Motor Vehicles of West Virginia certifies that pursuant to an application under oath and in substance prescribed by the laws of
West Virginia and filed with said Division the applicant whose name and address first hereinbelow appear, has been registered in the office of
said Division as the lawful owner of the vehicle/boat hereinafter described or is otherwise entitled to have said vehicle/boat registered in the name of said
applicant that is to say
ODOMETER READING IS NOT REQUIRED
05
02
13 07
MAKE/BODY YEAR MODEL VEHICLE/BOAT IDENTIFICATION NO. WEIGHT/LENGTH TITLE NUMBER PREVIOUS TITLE NUMBER
INTL CC 1993 1HTSDN2M2PH488859 25200 DM94274 CZ03808
05/02/2013
PANTHERA TRAINING CENTER
PO BX 981
OLD FIELDS WV
26845
Said Division further certifies that from said verified application it appears the above described vehicle/boat is subject to the lien and encumbrance
described below, and none other that is to say
FIRST LIEN
Name and mail address of lienholder
RELEASE
This lien fully paid, satisfied and released on
this the day of , 20
Name of Lienholder
Signature of person or officer
taken, subscribed and sworn to before me this the day of , 20
Notary Public
My commission expires on day of 20
SECOND LIEN
Name and mail address of lienholder
RELEASE
This lien fully paid, satisfied and released on
this the day of , 20
Name of Lienholder
Signature of person or officer
taken, subscribed and sworn to before me this the day of , 20
Notary Public
My commission expires on day of 20
Witness the corporate name of the Division of
Motor Vehicles of West Virginia and the seal of said
Division the day of year set beneath the name of
the applicant on the Certificate
[seal: Division of Motor Vehicles of W. Va., Official Seal]
DIVISION OF MOTOR VEHICLES
[illegible]
DO NOT ACCEPT THIS TITLE UNLESS IT CONTAINS AN EAGLE WATERMARK. HOLD TO LIGHT TO VIEW.
No. 2:19-bk-00787 Doc 75-6 Filed 12/11/19 Entered 12/11/19 16:47:35 Page 17 of 18
No. 2:19-bk-00787 Doc 52-8 Filed 11/02/19 Entered 11/02/19 10:03:07 Page 34 of 35
DEPARTMENT OF TRANSPORTATION
DIVISION OF MOTOR VEHICLES
FOR DIVISION USE ONLY
R N T E
CLASS
LICENSE #
MAKE YEAR
EXP DATE
[seal: State of West Virginia, Montani Semper Liberi]
CERTIFICATE OF TITLE TO A MOTOR VEHICLE
The Division of Motor Vehicles of West Virginia certifies that pursuant to an application under oath and in substance prescribed by the laws of
West Virginia and filed with said Division the applicant whose name and address first hereinbelow appear, has been registered in the office of
said Division as the lawful owner of the vehicle/boat hereinafter described or is otherwise entitled to have said vehicle/boat registered in the name of said
applicant that is to say
ODOMETER READING 84126 ACTUAL
05
02
13 07
MAKE/BODY YEAR MODEL VEHICLE/BOAT IDENTIFICATION NO. WEIGHT/LENGTH TITLE NUMBER PREVIOUS TITLE NUMBER
CHEV UT 2006 1GNEK13Z76J120937 5210 DM94272
05/02/2013
PANTHERA TRAINING CENTER
PO BX 981
OLD FIELDS WV
26845
Said Division further certifies that from said verified application it appears the above [illegible] is subject to the lien and encumbrance
described below, and none other that is to say
FIRST LIEN
Name and mail address of Lienholder
RELEASE
[illegible] released on
[illegible] 20
[illegible]
taken, subscribed and sworn to before me this the [illegible] day of 20
Notary Public
My commission expires [illegible] day of 20
SECOND LIEN
Name and mail address of Lienholder
RELEASE
[illegible] released [illegible] 20
Name of Lienholder
Signature of [illegible] officer
taken, subscribed and sworn to before me this the day of , 20
Notary Public
My commission expires on day of 20
Witness the corporate name of the Division of
Motor Vehicles of West Virginia and the seal of said
Division the day of year set beneath the name of
the applicant on the Certificate
[seal: Division of Motor Vehicles of W. Va., Official Seal]
DIVISION OF MOTOR VEHICLES
[illegible]
DO NOT ACCEPT THIS TITLE UNLESS IT CONTAINS AN EAGLE WATERMARK. HOLD TO LIGHT TO VIEW.
No. 2:19-bk-00787 Doc 75-6 Filed 12/11/19 Entered 12/11/19 16:47:35 Page 18 of 18
No. 2:19-bk-00787 Doc 52-8 Filed 11/02/19 Entered 11/02/19 10:03:07 Page 35 of 35
DEPARTMENT OF TRANSPORTATION
DIVISION OF MOTOR VEHICLES
FOR DIVISION USE ONLY
R N T E
CLASS
LICENSE #
MAKE YEAR
EXP DATE
[seal: State of West Virginia, Montani Semper Liberi]
CERTIFICATE OF TITLE TO A MOTOR VEHICLE
The Division of Motor Vehicles of West Virginia certifies that pursuant to an application under oath and in substance prescribed by the laws of
West Virginia and filed with said Division the applicant whose name and address first hereinbelow appear, has been registered in the office of
said Division as the lawful owner of the vehicle/boat hereinafter described or is otherwise entitled to have said vehicle/boat registered in the name of said
applicant that is to say
ODOMETER READING 112023 ACTUAL
05
02
13 07
MAKE/BODY YEAR MODEL VEHICLE/BOAT IDENTIFICATION NO. WEIGHT/LENGTH TITLE NUMBER PREVIOUS TITLE NUMBER
CHEV UT 2004 3GNGK26U24G248922 5796 DM94271
05/02/2013
PANTHERA TRAINING CENTER
PO BX 981
OLD FIELDS WV
26845
Said Division further certifies that from said verified application it appears the above [illegible] is subject to the lien and encumbrance
described below, and none other that is to say
FIRST LIEN
Name and mail address of Lienholder
RELEASE
[illegible] released on
[illegible] 20
[illegible]
taken, subscribed and sworn to before me this the [illegible] day of 20
Notary Public
My commission expires [illegible] day of 20
SECOND LIEN
Name and mail address of Lienholder
RELEASE
This lien fully paid, satisfied and released on
this the day of , 20
Name of Lienholder
Signature of person or officer
taken, subscribed and sworn to before me this the day of , 20
Notary Public
My commission expires on day of 20
Witness the corporate name of the Division of
Motor Vehicles of West Virginia and the seal of said
Division the day of year set beneath the name of
the applicant on the Certificate
[seal: Division of Motor Vehicles of W. Va., Official Seal]
DIVISION OF MOTOR VEHICLES
[illegible]
DO NOT ACCEPT THIS TITLE UNLESS IT CONTAINS AN EAGLE WATERMARK. HOLD TO LIGHT TO VIEW.


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