Info

eBT International, Inc. formerly developed and marketed enterprise-wide Web content management software solutions and associate services. The Company's solutions helped organizations meet the ongoing challenge of efficiently gathering and managing all information destined for Internet, intranet and extranet use. On May 22, 2001, the Company adopted a Plan of Complete Liquidation and Dissolution (the Plan) that approved on November 8, 2001. The key features of the Plan are the conclusion of all business activities, other than those related to the execution of the Plan; the sale or disposal of all of the Company's non-cash assets; the establishment of reasonable reserves to be sufficient to satisfy the liabilities, expenses and obligations of eBT not otherwise paid, provided for or discharged; the periodic payment of per share liquidating distributions to stockholders, and the authorization of the filing of a Certificate of Dissolution with the State of Delaware.(Source: 10-K)