A treasure trove of intellectual property and domain names tied to some big names in the automotive industry is hitting the auction block. On October 24, 2024, at 11:00 a.m. CST, GemCap Solutions, LLC will be hosting a secured party public sale, offering assets of Paramount Restyling Automotive Inc., Crius Automotive Inc., Selket Automotive Inc., Raptor Automotive Inc., and Shanxi Warner Ecommerce Warehousing Inc. The big catch? Some seriously valuable digital real estate.
This public sale is set to shake up the automotive aftermarket as GemCap forecloses on assets tied to these companies. These assets include inventory, machinery, and equipment, but perhaps most intriguing are the domain names and intellectual property tied to these brands. You might recognize names like “Paramount Restyling Automotive,” “Warner Science,” and “Raptor Automotive.” Their digital footprints, including the prime domain paramountautomotive.com, are all part of the package.
The auction gives bidders a shot at either snapping up individual assets or the entire bundle. Got your eye on a single domain name? You’re in luck. Want the whole enchilada, including production rights, customer lists, and trade fixtures? That’s also an option. And here’s the kicker—there are no restrictions on how these assets can be used. Whether you want to rebrand, relaunch, or take the IP in a new direction, the power is in your hands.
How to Get in the Game
If this opportunity gets your gears turning, there are a few steps to take. First, potential bidders must meet certain qualifications, including signing a confidentiality agreement and showing proof of financial ability. Then, the real fun begins on auction day. GemCap will facilitate a competitive telephonic bidding process where the highest bidder takes the prize. Think of it like a digital poker game—high stakes, fast pace, and big rewards.
For those who qualify and submit their 10% deposit, the showdown starts at 11:00 a.m. CST on October 24. And for the savvy buyer? There’s a chance to grab not just the domain names but potentially key elements of the businesses, from customer lists to production rights, in a single swoop. But remember, everything is sold “as is” and “where is,” so make sure your bids are calculated and bold.
If you’ve been looking for an opportunity to break into the automotive space—or expand your digital presence—this auction could be your golden ticket. Domain names like paramountautomotive.com don’t come along every day, and with no strings attached, the possibilities are endless.
Don’t miss your chance to rev up your business by owning these valuable digital assets. For details on how to participate, visit the GemCap Solutions website or contact the auction organizers directly.
