Conservative PAC for sale: Data, domains and other assets of Restore America's Voice PAC and Foundation being sold by Bankruptcy Trustee
ASHBURN, Va., Sept. 8, 2015 /PRNewswire/ -- The Restore America's Voice PAC and Restore America's Voice Foundation raised more than $13.7 million from conservative Americans over five years, and now the assets used to raise much of that money -- including more than 400,000 email addresses and 277,000 postal addresses -- are being offer for sale by a Bankruptcy Trustee.
Despite its effectiveness in raising funds -- largely from individuals seeking to repeal the Affordable Health Care Act -- the PAC and foundation had to enter Chapter 7 Bankruptcy, and the sale of the assets is being overseen by the U.S. Bankruptcy Court, Eastern District of Virginia, Alexandria Virginia.
"We believe this data and these domains can be valuable to conservative campaign organizations, political action committees and other conservative issue advocates as we move into the heart of the 2016 election year," said Stephen Karbelk, president of Auction Markets, which is marketing the assets for H. Jason Gold, the chapter 7 bankruptcy trustee.
Most of the names, email addresses, postal addresses and other data came from direct response television commercials, which were seen by more 50 million viewers during the PAC's five years of operation according to information published by Restore America's Voice.
Also selling are eight Internet domains, including RepealitNow.com, RepealitNow.org, RepealHealthCareAct.com, RepealHealthCareAct.org, and variations on RestoreAmericasVoice and the websites that still remain live.
Prospective buyers may make offers on the contact data alone, the domains alone, or all of the assets as a "turn key" PAC.
"This is a very attractive situation for someone or a group that shares the passionate beliefs of the Restore America's Voice contributors. The high bidder will receive the assets of Restore America's Voice, free and clear of liens and encumbrances," said Karbelk.
"The repeal of Obamacare is once again in the forefront of public policy debate. We believe it is likely that these assets will be of great interest to those supporting the repeal of the Affordable Care Act as well as other conservative causes," added H. Jason Gold, the chapter 7 bankruptcy trustee. Gold is a partner in the law firm of Nelson Mullins Riley & Scarborough LLP. He is resident in the firm's Washington, DC, office.
The sale of the assets will be subject to the approval of the U.S. Bankruptcy Court.
Individuals seeking additional information may visit auctionmarkets.com or contact Stephen Karbelk at 571-481-1037. Gold can be reached at [email protected].
For more information:
Carl Carter, 205-823-3273
SOURCE Auction Markets
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