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PLAY N TRADE: MI Bankruptcy Auction

August 10, 2009

Play N Trade:  Sad end to someone’s franchise dream.  Notice of bankruptcy auction, liquidation of closed Play N Trade store.

Aug 21, 10:00 am fi3.cgi Auctioneer: 

M & W Inc. Asset Recovery

979 West River Center Drive NE
Comstock Park, MI616-785-5310

BY ORDER OF SECURED CREDITOR:

NOTICE OF PUBLIC SALE FOR FRIDAY AUGUST 21ST AT 10AM

A COMPLETE LIQUIDATION OF THREE RETAIL VIDEO GAME STORES

THOUSANDS OF SLIGHTLY USED VIDEO GAMES, NEW VIDEO GAMES, NEW AND USED GAME SYSTEMS, FLAT SCREEN TVS, STORE FIXTURES, VIDEO GAME SUPPLIES, STORE FIXTURES.

COMPLETE LIST below (first pdf has THREE SHEETS).

* BULK BIDS WILL BE ENTERTAINED UNTIL TUESDAY AUGUST 11TH 5:OOpm (ALL ASSETS)

Here’s a partial list of items to be auctioned:

RIVAL MICROWAVE
SANYO MINI FRIDGE
MR. COFFEE -COFFEE MAKER
OSTER MICROWAVE
GE FRIDGE
MONSTER ENERGY DRINK DISPLAY
SONY STEREO SYSTEM
IPOD NANO WITH CHARGER
JFJ DISC REPAIR SYSTEM (2 BOXES)
WRENCH SET
SCRATCHED GAMES
DRY ERASE BOARD
CARD TABLE WITH 4 CHAIRS IN BOX
NEXTEL I880
NEXTEL I605
NEXTEL  BLACKBERRY 7100I
4 CELL PHONES IN A BOX
BOX OF MISC CELL PHONES
PHONE SYSTEM
BISSELL VACUUM
BOX OF RETIRED SYSTEM ACCESSORIES
OFFICE DESK
DELL COMPUTER
DELL PROFESSIONAL PRINTER
PRINTER STAND
LATERAL FILE
MISC OFFICE SUPPLIES
IRONMAN XBOX 360 GAME
JUMPER XBOX 360 GAME
BIONICLE HEROES XBOX 360 GAME
PETER JACKSONS KING KONG XBOX 360 GAME
TUROK XBOX 360 GAME
LOST PLANET XBOX 360 GAME
LOST PLANET: COLONIES EDITION XBOX 360 GAME
TOP SPIN 2 XBOX 360 GAME
COLLEGE HOOPS 2K7 XBOX 360 GAME
ALL-PRO FOOTBALL 2K8 XBOX 360 GAME
NCAA FOOTBALL 09 XBOX 360 GAME

CIVILIZATION REVOLUTION XBOX 360 GAME
STUNTMAN IGNITION XBOX 360 GAME
SEGA SUPERSTARS TENNIS XBOX 360 GAME
STRANGLEHOLD XBOX 360 GAME
SONIC UNLEASHED XBOX 360 GAME

SHAUNWHITE XBOX 360 GAME
SHIVERING ISLES XBOX 360 GAME
SHREK THE 3RD XBOX 360 GAME
SAINTS ROW PLATINUM HITS XBOX 360 GAME
STREET HOMECOURT XBOX 360 GAME
NHL 2K8 XBOX 360 GAME
CHROME HOUNDS XBOX 360 GAME
N3 NINETY-NINE NIGHTS XBOX 360 GAME
TIME SHIFT XBOX 360 GAME
TEST DRIVE UNLIMITED XBOX 360 GAME
TOO HUMAN XBOX 360 GAME
RACKS
SOLIDER OF FORTUNE PAYBACK XBOX 360 GAME
PURE  XBOX 360 GAME
PGR 4 XBOX 360 GAME
TONY HAWKS PROOVING GROUND XBOX 360 GAME
PIRATES OF THE CARRIBBEAN WORLD END XBOX 360
PHANTASY STAR UNIVERSE XBOX 360 GAME
PGR 3 XBOX 360 GAME
PGR 3 PLATINUM HITS XBOX 360 GAME
DARK MESSIAH MIGHT & MAGIC XBOX 360 GAME
ROCKBAND XBOX 360 GAME
LOST PLANET EXTREME CONDITION XBOX 360 GAME
NINJA GALDEN XBOX 360 GAME
NEED FOR SPEED PRO STREET XBOX 360 GAME
BALLERS CHOSEN ONE XBOX 360 GAME
LEGO BATMAN XBOX 360 GAME
AC/DC LIVE ROCKBAND XBOX 360 GAME
TIGER WOODS PGA TOUR 07 XBOX 360 GAME
RESIDENT EVIL XBOX 360 GAME
LORD OF THE RINGS CONQUEST XBOX 360 GAME
BLACKSITE AREA 5 XBOX 360 GAME
NHL 08 XBOX 360 GAME
MAJOR LEAGUE BASEBALL 2K6 XBOX 360 GAME
SMACKDOWN VS RAW 07 XBOX 360 GAME

   

Click here for a complete list of items to be auctioned and photos

Image:  M & W Inc. Asset Recovery

WHAT DO YOU THINK?  SHARE A COMMENT BELOW.

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16 Responses to “PLAY N TRADE: MI Bankruptcy Auction”

  1. anonymous on August 10th, 2009 2:02 pm

    I bet their franchise sales department loves all the store closings posted on the forum… and all the pissed customers ranting about their lost store credit.

    Tustin, CA Orange, CA
    http://66.172.50.140/msgboard/viewtopic.php?f=16&t=937

    Grandville Michigan “I discover the closed sign on the door, saying that the Michigan State Department of Treasury has seized the building and anyone inside is breaking federal law.”
    http://66.172.50.140/msgboard/viewtopic.php?f=9&t=1801&p=7629&hilit=closed#p7629

    Jackson, NJ “The other day I grabbed a couple games and headed down to the store in Jackson, NJ and found the store empty with a “For Rent” sign on the door.”
    http://66.172.50.140/msgboard/viewtopic.php?f=16&t=1330&p=6356&hilit=closed#p6331

    Orlando2 “I believe that the Orlando2 store did close. However, there are more opening in that area in the next month or so.” http://66.172.50.140/msgboard/viewtopic.php?f=9&t=873&p=4194&hilit=closed#p4194

    Washington Township, MI “I’m sorry to say that the Washington Township PNT has closed.” http://66.172.50.140/msgboard/viewtopic.php?f=12&t=755&p=3809&hilit=closed#p3809

    Elk Grove “The Elk Grove Store’s Closing” http://66.172.50.140/msgboard/viewtopic.php?f=16&t=1345&p=6433&hilit=elk+grove#p6433

  2. anonymous on August 10th, 2009 2:43 pm

    Also
    Irvine, California, Sacramento
    http://forums.slickdeals.net/showthread.php?t=1265911

  3. bankruptcy on August 10th, 2009 3:58 pm

    Oh no I loved the play n trade store. I didn’t know that they were going out of business.

  4. PNTSUX on August 11th, 2009 1:51 pm

    All intresting articles, Does anybody know how many of these stores actually closed or are in the process? List if you know please

  5. Former PNT Owner on August 14th, 2009 2:34 pm

    I talked with one of the owners after I closed my store and asked him point blank how many stores had closed. He told me he did not know. I told him that was hard to believe since you own the franchise. He balked at the quesiton and told me it was in their latest filing. If anyone has the latest filing or knows where to obtain it, the answer would be there. When I closed my store I did not receive one call or question as to why I closed. I asked for assistance for over a year and never received it. Stay far away from PNT and do it yourself.

  6. larry on August 19th, 2009 11:55 pm

    yuvi shmul and jeff harris runs scams now they have another scam http://www.talkingbio.com go read the ripoff report they should be in jail

  7. jeff on August 20th, 2009 7:39 pm

    All I can tell you guys is I agree with one of the previous posters. In the early days it was a great franchise until the Yakety Yak gang got rid of the original owners.I don’t agree that it is a scam or fraud, I just think the new gang doesn’t have the expertise the original people had and they got rid of all of them.

  8. PntFraud on September 8th, 2009 5:11 pm

    What happened to the regular Pnt thread with the 490 posts?

  9. ADMIN on September 8th, 2009 10:18 pm

    The site was hacked and the PNT thread was deleted. However, we re-posted a saved copy here on FranchisePick.com:

    PLAY N TRADE: The BIG Franchise Discussion

  10. Looking for Shed some light. on September 10th, 2009 5:55 am

    What happened to Shed some light, a few weeks back?

  11. Ben Played on September 10th, 2009 10:56 am

    We all knew who is behaind the website hack, even we do not know exactly who did it.
    This means that this site really desclosed the darkside of Play N Trade and hurts it hard. It probably like a sprint or thorn in the EYES of PNT corporate.

    Guys, continue our work and unveil the truth to the public about this fraudulent business. If we can reduce only ONE person to be PNT’s victim, then it is a great victory.

    Thank the Admin of this site. Your efforts and contributions are highly appreciated.

  12. ADMIN on September 10th, 2009 2:10 pm

    Ben Played:

    Thanks for your support and participation. Play N Trade is not on the top of my suspicion list, for while a lot of PnT stuff was deleted, a lot of negative stuff was left behind. Read http://www.bizzia.com/franchisepick/did-actioncoach-hack-unhappyfranchisee-com/

    However, the attack was an attack on all of us, an attack on free speech and an attack on the right of franchisees to openly discuss the issues that they are grappling with. The Internet has, for the first time, enabled some of the truth about franchising to bypass the advertiser-controlled hype-filled newstand franchise media and leak out.

    The Internet has the promise of providing rewards for the best franchisor practices and warnings about the worst. Cheap, illegal scumbag tactics like this are not going to prevail (If I can help it).

    For whatever faults the Play N Trade franchisor may have, I’d be very surprised if they were involved in this (I could be wrong). And I do hand it to them for coming on the site and contributing a few comments early on.

    If you want to see the main Play N Trade post with most of the comments intact, it’s been republished on FranchisePick.com:
    http://www.bizzia.com/franchisepick/play-n-trade-the-big-franchise-discussion/

    Thanks to everyone who comments and contributes here for exercising their 1st Amendment rights. Thanks for the words of support. If anyone wants to contribute a couple of bucks to hasten the rebuild of the newer, more secure site you can do so here:
    http://www.unhappyfranchisee.com/support-franchise-fairness/

    If not, that’s cool too. Just keep coming, keep commenting and keep fighting for what’s right.

    Have a great day… Sean

  13. PntFraud on September 11th, 2009 5:39 pm

    Can someone post the upcoming Pnt court dates.

  14. New thread request on September 26th, 2009 3:26 pm

    Hi ADMIN,

    Can you start up a new Play N Trade Fraud Thread since the old one was deleted.

    I believe the court date was moved to this coming Monday and I would like to know if compensation is in order.

  15. ADMIN on September 26th, 2009 3:51 pm

    The thread has been reposted on Franchise Pick with almost all comments intact:
    http://www.bizzia.com/franchisepick/play-n-trade-the-big-franchise-discussion/

    I’ll repost one here shortly, too, but feel free to continue the discussion on the link above – also my site.

    Note to hackers: disrupt one site, your dirt will reappear on 2-3 others at least ;)

  16. PLAY N TRADE: Recruits Multi-Unit Video Game Franchise Owners : Unhappy Franchisee on March 23rd, 2010 1:02 pm

    [...] PLAY N TRADE: MI Bankruptcy Auction [...]

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