Doin' The AfterMath of GTAT Bankruptcy: $100 Million of Hi-Tech Sapphire Equipment Up for Auction

The Money Ball Keeps Bouncing

That's the news according to a a recent report online from Construction Guide.com:
SEATTLE, Washington – June 17, 2015 – BidSpotter.com will be providing online bidding on behalf of BidIndustrial.com for the GT Advanced Technologies (GTAT) Sapphire Fabrication & Inspection Equipment auction. 
This is truly one of the largest industrial auctions ever with $100 million worth of nearly new machinery and equipment from GTAT’s sapphire production plant in Mesa, AZ up for bid. Hundreds of lots are available for online bidding now thru July 8, 2015.

[Read the whole report by going to the link above]

Please Note: Inspection with guided tours will be held July 2 – 7 and are by appointment only. 

Online bidding can be done at BidSpotter.com.

To view the full catalog, learn more about this auction, and to sign up to bid, please visit BidSpotter.com. (http://www.bidspotter.com/en-us/auction-catalogues/timed/bidind/catalogue-id-bid-in10001)

Source: Market Cap Daily

Here's a very recent image of the declining values of GTAT - yesterday










There's not enough space here in the MesaZona Blog to fairly cover the whole story, so here are some links if you need background information

Did GT Advanced Technologies Mislead Investors? by Mark Hibben October 7, 2014
http://seekingalpha.com/article/2546055-did-gt-advanced-technologies-mislead-investors

Waiting For GT Advanced Technologies Inc By Paul Knag on June 15, 2015

 http://www.microcapdaily.com/waiting-for-gt-advanced-technologies-inc-otcmktsgtatq/111971/

GT Advanced Might Miss Out On Apple IPhone 6 Launch by Pete Barlas on July 7, 2014

http://news.investors.com/technology/070714-707546-apple-might-not-use-gt-advanced-glass.htm#ixzz3di3yGBdz