Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers


February 12, 2016 1:48 AM ET

Aerospace and Defense

Company Overview of Valley Forge Composite Technologies Inc.

Company Overview

Valley Forge Composite Technologies, Inc., through its subsidiaries, develops, manufactures, and markets detection systems primarily in the United States. The company offers THOR LVX, a photonuclear detection system; and ODIN, a passenger weapons scanning device. These products consist of detection capability for illicit narcotics, explosives, and bio-chemical weapons using photo-nuclear reactions to initiate secondary gamma quanta the result of which is a signal identifying each component of a substance. It also engages in the design and manufacture of attitude control instruments for small satellites. Valley Forge Composite Technologies, Inc. was founded in 1996 and is headquartered in Cov...

50 East River Center Boulevard

Suite 820

Covington, KY 41011

United States

Founded in 1996

7 Employees

Phone:

859-581-5111

Fax:

859-581-5116

Key Executives for Valley Forge Composite Technologies Inc.

Valley Forge Composite Technologies Inc. does not have any Key Executives recorded.

Valley Forge Composite Technologies Inc. Key Developments

Third Amended Reorganization Plan and Disclosure Statement Filed by Valley Forge Composite Technologies Inc.

Valley Forge Composite Technologies, Inc. filed third amended plan of reorganization and related disclosure statement in the US Bankruptcy Court on August 13, 2014. As per the amended plan, General unsecured claims of $4 million will be paid in full in cash and the holders of interests in the debtor will get a pro-rata portion of a 56% interest in the liquidation trust which could increase to 95% if Avior elects to be paid in cash. Also, the DIP lender will be provided with the opportunity to elect between repaid the amount of the DIP Loan or to receive a 39% interest in funds from the Liquidation Trust.

Second Amended Reorganization Plan & Related Disclosure Statement Filed by Valley Forge Composite Technologies Inc.

Valley Forge Composite Technologies, Inc. filed second amended plan of reorganization and related disclosure statement in the US Bankruptcy Court on June 17, 2014. As per the amended plan, DIP Claims has been estimated at $0.45 million. General unsecured claims will get pro-rata portion of a 15% interest in the liquidation trust. Litigation Defendant Claims of $4 million will get no distribution under the plan. Interest holders will transfer their interest in the liquidation trust and will get payment after all the other classes of claims get paid. On the effective date, Avior will make payment of $0.50 million less any amount already paid under the DIP facility. Treatment of all the other classes of claims remains same as per the previous plan.

SEC Revokes Registration Of Registered Securities Of Valley Forge Composite Technologies

An Administrative Law Judge has issued an Initial Decision of Default as to Valley Forge Composite Technologies, Inc. The Initial Decision found that the company was issuer of securities registered pursuant to Section 12(g) of the Securities Exchange Act of 1934 (Exchange Act), and the company failed to comply with Section 13(a) of the Exchange Act and Exchange Act Rules 13a-1 and/or 13a-13 by not filing required periodic reports with the Securities and Exchange Commission (SEC). The Initial Decision finds these allegations to be true and revokes the registration of each class of the company’s registered securities, pursuant to Section 12(j) of the Securities Exchange Act of 1934.

Similar Private Companies By Industry

Company Name Region
Meggitt-USA, Inc. United States
Cape Fox Corporation United States
Riverside Mfg., LLC United States
MD48079, LLC United States
Cenco International, Inc. United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Valley Forge Composite Technologies Inc., please visit www.vfct.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.