FORM 1

INDIVIDUAL ESTATE PROPERTY RECORD AND REPORT

ASSET CASES

Page No:

Asset Fully Administered (FA)/

Gross Value of Remaining Assets

6

Sales/Funds

Received by 

the Estate

4 5

Property

 Abandoned 

OA =§ 554(a) abandon.

Estimated Net Value

(Value Determined by

Trustee,

Less Liens, Exemptions,

and Other Costs)

3

 Petition/

Unscheduled

Value

1 2

Asset Description

(Scheduled and

Unscheduled (u) Property)

Case Name:

Case No.: 20-23495

AMERICAN PURCHASING SERVICES, LLC D/B/A AMERICAN MEDICAL DEPOT

Trustee Name:

Date Filed (f) or Converted (c): 06/01/2021 (c)

For the Period Ending: §341(a) Meeting Date: 

Claims Bar Date:

03/31/2022

Marc P. Barmat

07/01/2021

08/10/2021

 1

Ref. #

1 Wells Fargo Bank - Master Operating Account $47,147.04 $0.00 $0.00

#9097

FA

Original Schedules ECF NO.119; Amended Schedules ECF NO.405

Wells Fargo (secured Lender) took control of accounts.

Notice of Abandonment filed 04/25/21 [ECF NO. 509}

Asset Notes:

2 Wells Fargo Bank - Utilities Account #3915 $5,315.21 $0.00 $0.00 FA

Original Schedules ECF NO.119; Amended Schedules ECF NO.405

Wells Fargo (Secured Lender) took control of accounts.

Notice of Abandonment filed 04/25/21 [ECF NO. 509}

Asset Notes:

3 Wells Fargo Bank - Eplus Collections Account $0.00 $0.00 $0.00

#8828

(u) FA

Original Schedules ECF NO.119; Amended Schedules ECF NO.405

Wells Fargo (Secured Lender) took control of accounts.

Notice of Abandonment filed 04/25/21 [ECF NO. 509}

Asset Notes:

4 Deposit - Kaufman, Rossin & Co. - 2020 Taxes (u) $20,000.00 $20,000.00 $0.00 $20,000.00

Asset Notes: Original Schedules ECF NO.119; Amended Schedules ECF NO.405

5 Escrow Deposits Held in Berger Singerman LLP $571,409.36 $571,409.36 $0.00

Trust Account

(u) $571,409.36

Asset Notes: Original Schedules ECF NO.119; Amended Schedules ECF NO.405

6 Accounts Receivable - Johnson & Johnson $0.00 $0.00 $0.00

Health Care

FA

Original Schedules ECF NO.119; Amended Schedules ECF NO.405

Wells Fargo Holds lien on all receivables.

Notice of Abandonment filed 04/25/21 [ECF NO. 509}

Asset Notes:

7 All non-residential leases of real property were $0.00 $0.00 $0.00

rejected post-petition, prior to conversion date

(u) FA

Asset Notes: Original Schedules ECF NO.119; Amended Schedules ECF NO.405

8 Interest in D&O Tail Insurance Policy (u) $131,203.00 $131,203.00 $0.00 $131,203.00

Asset Notes: Original Schedules ECF NO.119; Amended Schedules ECF NO.405

Case 20-23495-SMG Doc 510 Filed 04/27/22 Page 1 of 5
FORM 1

INDIVIDUAL ESTATE PROPERTY RECORD AND REPORT

ASSET CASES

Page No:

Asset Fully Administered (FA)/

Gross Value of Remaining Assets

6

Sales/Funds

Received by 

the Estate

4 5

Property

 Abandoned 

OA =§ 554(a) abandon.

Estimated Net Value

(Value Determined by

Trustee,

Less Liens, Exemptions,

and Other Costs)

3

 Petition/

Unscheduled

Value

1 2

Asset Description

(Scheduled and

Unscheduled (u) Property)

Case Name:

Case No.: 20-23495

AMERICAN PURCHASING SERVICES, LLC D/B/A AMERICAN MEDICAL DEPOT

Trustee Name:

Date Filed (f) or Converted (c): 06/01/2021 (c)

For the Period Ending: §341(a) Meeting Date: 

Claims Bar Date:

03/31/2022

Marc P. Barmat

07/01/2021

08/10/2021

 2

9 Loan to Debtor (Estate) by Wells Fargo Bank to $95,000.00 $95,000.00 $95,000.00

pay ongoing expenses per Court Order ECF NO. 

470

(u) FA

10 Electronic Data Stored by Third Party Vendors $0.00 $0.00 $0.00

with the exception of electronic mail and all files 

attached to electronic mail stored on the 

Microsoft Office 365 tenant. Any and all Flat 

File Data (MS Word, Excel, PFDS, etc; Any 

SQL Data tied to Databases which could include 

financial data or application data; and 

Application Server Data (any and all 

applications they used to conduct business)

(u) OA FA

Asset Notes: Notice of Abandonment filed 09/13/21 ECF NO. 443

TOTALS (Excluding unknown value) Gross Value of Remaining Assets

$870,074.61 $817,612.36 $95,000.00 $722,612.36

Major Activities affecting case closing:

This case is being administered with the following:

20-23501 DVSS Acquisition Company

20-23503 AMD Pennsylvania LLC

20-23504 American Medical Depot Holdings LLC

Notice of Abandonment filed 09/13/21 ECF NO. 443

Notice of Abandonment filed 04/25/21 ECF NO. 509

The Trustee is currently investigating potential claims against the former officers, directors, and subordinate secured lenders for the Chapter 7 Debtors. Upon completion of the Trustee's 

investigation, the Trustee plans to pursue any identified claims through a pre-suit settlement conference to be coordinated with counsel for any potential defendant. In addition, the 

Trustee is currently working with Wells Fargo to modify the existing carve-out and sharing agreement to apply to all remaining claims of the Debtors' estates and will file a motion to 

modify the carve-out and sharing agreement once the parties agreed upon modified terms.

No claims have been reviewed at this time.

The estate is current with its returns.

04/21/2022

Case 20-23495-SMG Doc 510 Filed 04/27/22 Page 2 of 5
FORM 1

INDIVIDUAL ESTATE PROPERTY RECORD AND REPORT

ASSET CASES

Page No:

Asset Fully Administered (FA)/

Gross Value of Remaining Assets

6

Sales/Funds

Received by 

the Estate

4 5

Property

 Abandoned 

OA =§ 554(a) abandon.

Estimated Net Value

(Value Determined by

Trustee,

Less Liens, Exemptions,

and Other Costs)

3

 Petition/

Unscheduled

Value

1 2

Asset Description

(Scheduled and

Unscheduled (u) Property)

Case Name:

Case No.: 20-23495

AMERICAN PURCHASING SERVICES, LLC D/B/A AMERICAN MEDICAL DEPOT

Trustee Name:

Date Filed (f) or Converted (c): 06/01/2021 (c)

For the Period Ending: §341(a) Meeting Date: 

Claims Bar Date:

03/31/2022

Marc P. Barmat

07/01/2021

08/10/2021

 3

Initial Projected Date Of Final Report (TFR): 12/31/2002 Current Projected Date Of Final Report (TFR): 12/31/2025 /s/ MARC P. BARMAT

MARC P. BARMAT

Case 20-23495-SMG Doc 510 Filed 04/27/22 Page 3 of 5
7

Balance

6

Disbursement

$

5

Deposit

$

1

Transaction

Date

2

Check /

Ref. #

Uniform

Tran Code

4

Description of Transaction

3

Paid to/

Received From

Page No: FORM 2

CASH RECEIPTS AND DISBURSEMENTS RECORD

Case Name:

Case No. Trustee Name: 

Bank Name:

Co-Debtor Taxpayer ID #: 

Primary Taxpayer ID #:

Account Title:

Checking Acct #:

For Period Beginning:

For Period Ending:

Blanket bond (per case limit):

Separate bond (if applicable):

20-23495

AMERICAN PURCHASING SERVICES, LLC D/B/A AMERICAN MEDICAL DEPOT

Marc P. Barmat

$53,950,000.00 

******9501

Veritex Community Bank

Checking

 1

04/01/2021

03/31/2022

**-***7158

11/30/2021 Stearns Weaver Miller (Wells Fargo) Payment pursuant to Court Order ECF NO. 470 - Loan 

to estate to pay ongoing expenses

(9) 1280-002 $95,000.00 $0.00 $95,000.00 

11/30/2021 Veritex Community Bank Bank Service Fee 2600-000 $0.00 $4.94 $94,995.06 

12/31/2021 Veritex Community Bank Bank Service Fee 2600-000 $0.00 $153.29 $94,841.77 

01/10/2022 Furr Cohen Payment of admin expenses pursuant to Court Order 

entered 01/07/22 ECF NO. 479

101 2420-000 $0.00 $6,348.34 $88,493.43 

01/10/2022 R2 Unified Technologies Payment of admin expenses pursuant to Court Order 

entered 01/07/22 ECF NO. 479

102 2420-000 $0.00 $1,840.00 $86,653.43 

01/31/2022 Veritex Community Bank Bank Service Fee 2600-000 $0.00 $145.09 $86,508.34 

02/28/2022 Veritex Community Bank Bank Service Fee 2600-000 $0.00 $126.08 $86,382.26 

03/31/2022 Veritex Community Bank Bank Service Fee 2600-000 $0.00 $139.39 $86,242.87 

TOTALS:

Less: Bank transfers/CDs

Subtotal

Less: Payments to debtors

Net

$95,000.00 $8,757.13 

$0.00 $0.00 

$95,000.00 $8,757.13 

$0.00 $0.00 

$95,000.00 $8,757.13 $86,242.87 

Total Compensable Receipts:

Total Non-Compensable Receipts:

Total Comp/Non Comp Receipts:

Total Internal/Transfer Receipts:

Total Compensable Disbursements:

Total Non-Compensable Disbursements:

Total Comp/Non Comp Disbursements:

Total Internal/Transfer Disbursements:

$0.00 

$95,000.00 

$95,000.00 

$8,757.13 

$0.00 

$8,757.13 

$0.00 

$0.00 

$0.00 

$95,000.00 

$8,757.13 

$0.00 

$95,000.00 

$8,757.13 

$0.00 

Total Compensable Receipts:

Total Non-Compensable Receipts:

Total Comp/Non Comp Receipts:

Total Internal/Transfer Receipts:

Total Compensable Disbursements:

Total Non-Compensable Disbursements:

Total Comp/Non Comp Disbursements:

Total Internal/Transfer Disbursements: $0.00 

For the period of 04/01/2021 to 03/31/2022 For the entire history of the account between 11/30/2021 to 3/31/2022

Case 20-23495-SMG Doc 510 Filed 04/27/22 Page 4 of 5
7

Balance

6

Disbursement

$

5

Deposit

$

1

Transaction

Date

2

Check /

Ref. #

Uniform

Tran Code

4

Description of Transaction

3

Paid to/

Received From

Page No: FORM 2

CASH RECEIPTS AND DISBURSEMENTS RECORD

Case Name:

Case No. Trustee Name: 

Bank Name:

Co-Debtor Taxpayer ID #: 

Primary Taxpayer ID #:

Account Title:

Checking Acct #:

For Period Beginning:

For Period Ending:

Blanket bond (per case limit):

Separate bond (if applicable):

20-23495

AMERICAN PURCHASING SERVICES, LLC D/B/A AMERICAN MEDICAL DEPOT

Marc P. Barmat

$53,950,000.00 

******9501

Veritex Community Bank

Checking

 2

04/01/2021

03/31/2022

**-***7158

TOTAL - ALL ACCOUNTS NET DEPOSITS DISBURSE

NET

BALANCES

ACCOUNT

$95,000.00 $8,757.13 $86,242.87 

Total Compensable Receipts:

Total Non-Compensable Receipts:

Total Comp/Non Comp Receipts:

Total Internal/Transfer Receipts:

Total Compensable Disbursements:

Total Non-Compensable Disbursements:

Total Comp/Non Comp Disbursements:

Total Internal/Transfer Disbursements:

$95,000.00 

$8,757.13 

$0.00 

$95,000.00 

$8,757.13 

$0.00 

$0.00 

$0.00 

Total Compensable Receipts:

Total Non-Compensable Receipts:

Total Comp/Non Comp Receipts:

Total Internal/Transfer Receipts:

Total Compensable Disbursements:

Total Non-Compensable Disbursements:

Total Comp/Non Comp Disbursements:

$0.00 

$95,000.00 

$8,757.13 

$0.00 

$95,000.00 

$8,757.13 

$0.00 

Total Internal/Transfer Disbursements: $0.00 

/s/ MARC P. BARMAT

MARC P. BARMAT

For the period of 04/01/2021 to 03/31/2022 For the entire history of the account between 11/30/2021 to 3/31/2022

Case 20-23495-SMG Doc 510 Filed 04/27/22 Page 5 of 5