Case 8:14-bk Doc 1 Filed 03/13/14 Page 1 of 96

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1 }bk{form. Voluntary Petition}bk{ B (fficial Form )(04/3) ame of ebtor (if individual enter Last First Middle): Vertical Health Solutions nc. ase 8:4bk02759 oc Filed 03/3/4 Page of 96 nited States Bankruptcy ourt Middle istrict of Florida ame of Joint ebtor (Spouse) (Last First Middle): Voluntary Petition All ther ames used by the ebtor in the last 8 years (include married maiden and trade names): BA npoint Medical iagnostics nc. All ther ames used by the Joint ebtor in the last 8 years (include married maiden and trade names): Last four digits of Soc. Sec. or ndividualaxpayer.. ()/omplete (if more than one state all) Street Address of ebtor (o. and Street ity and State): Street Minneapolis M ZP ode ounty of Residence or of the Principal Place of Business: Hennepin Mailing Address of ebtor (if different from street address): Last four digits of Soc. Sec. or ndividualaxpayer.. () o./omplete (if more than one state all) Street Address of Joint ebtor (o. and Street ity and State): ounty of Residence or of the Principal Place of Business: Mailing Address of Joint ebtor (if different from street address): ZP ode ZP ode ZP ode Location of Principal Assets of Business ebtor (if different from street address above): ype of ebtor (Form of rganization) (heck one box) ndividual (includes Joint ebtors) See xhibit on page 2 of this form. orporation (includes LL and LLP) Partnership ther (f debtor is not one of the above entities check this box and state type of entity below.) hapter 5 ebtors ountry of debtor's center of main interests: ach country in which a foreign proceeding by regarding or against debtor is pending: Full Filing Fee attached Filing Fee (heck one box) ature of Business (heck one box) Health are Business Single Asset Real state as defined in.s.. 0 (5B) Railroad Stockbroker ommodity Broker learing Bank ther axxempt ntity (heck box if applicable) ebtor is a taxexempt organization under itle 26 of the nited States ode (the nternal Revenue ode). Filing Fee to be paid in installments (applicable to individuals only). Must attach signed application for the court's consideration certifying that the debtor is unable to pay fee except in installments. Rule 006(b). See fficial Form 3A. Filing Fee waiver requested (applicable to chapter 7 individuals only). Must attach signed application for the court's consideration. See fficial Form 3B. Statistical/Administrative nformation ebtor estimates that funds will be available for distribution to unsecured creditors. ebtor estimates that after any exempt property is excluded and administrative expenses paid there will be no funds available for distribution to unsecured creditors. stimated umber of reditors hapter 7 hapter 9 hapter hapter 2 hapter VR stimated Assets $0 to $5000 to $0000 to $50000 $00000 $ $ $ $ More than $50000 $00000 $ to $ to $0 to $50 to $00 to $500 to $ billion $ billion million million million million million stimated Liabilities $0 to $5000 to $0000 to $50000 $00000 $ $ $ $ More than $50000 $00000 $ to $ to $0 to $50 to $00 to $500 to $ billion $ billion million million million million million hapter of Bankruptcy ode nder Which the Petition is Filed (heck one box) ature of ebts (heck one box) ebts are primarily consumer debts defined in.s.. 0(8) as "incurred by an individual primarily for a personal family or household purpose." hapter 5 Petition for Recognition of a Foreign Main Proceeding hapter 5 Petition for Recognition of a Foreign onmain Proceeding ebts are primarily business debts. heck one box: hapter ebtors ebtor is a small business debtor as defined in.s.. 0(5). ebtor is not a small business debtor as defined in.s.. 0(5). heck if: ebtor s aggregate noncontingent liquidated debts (excluding debts owed to insiders or affiliates) are less than $ (amount subject to adjustment on 4/0/6 and every three years thereafter). heck all applicable boxes: A plan is being filed with this petition. Acceptances of the plan were solicited prepetition from one or more classes of creditors in accordance with.s.. 26(b). HS SPA S FR R S LY

2 ase 8:4bk02759 oc Filed 03/3/4 Page 2 of 96 B (fficial Form )(04/3) Page 2 ame of ebtor(s): Voluntary Petition Vertical Health Solutions nc. (his page must be completed and filed in every case) All Prior Bankruptcy ases Filed Within Last 8 Years (f more than two attach additional sheet) Location ase umber: ate Filed: Where Filed: one Location ase umber: ate Filed: Where Filed: Pending Bankruptcy ase Filed by any Spouse Partner or Affiliate of this ebtor (f more than one attach additional sheet) ame of ebtor: ase umber: ate Filed: one istrict: Relationship: Judge: xhibit A (o be completed if debtor is required to file periodic reports (e.g. forms 0K and 0Q) with the Securities and xchange ommission pursuant to Section 3 or 5(d) of the Securities xchange Act of 934 and is requesting relief under chapter.) xhibit A is attached and made a part of this petition. xhibit B (o be completed if debtor is an individual whose debts are primarily consumer debts.) the attorney for the petitioner named in the foregoing petition declare that have informed the petitioner that [he or she] may proceed under chapter 7 2 or 3 of title nited States ode and have explained the relief available under each such chapter. further certify that delivered to the debtor the notice required by.s.. 342(b). X Signature of Attorney for ebtor(s) (ate) xhibit oes the debtor own or have possession of any property that poses or is alleged to pose a threat of imminent and identifiable harm to public health or safety? Yes and xhibit is attached and made a part of this petition. o. xhibit (o be completed by every individual debtor. f a joint petition is filed each spouse must complete and attach a separate xhibit.) xhibit completed and signed by the debtor is attached and made a part of this petition. f this is a joint petition: xhibit also completed and signed by the joint debtor is attached and made a part of this petition. nformation Regarding the ebtor Venue (heck any applicable box) ebtor has been domiciled or has had a residence principal place of business or principal assets in this istrict for 80 days immediately preceding the date of this petition or for a longer part of such 80 days than in any other istrict. here is a bankruptcy case concerning debtor's affiliate general partner or partnership pending in this istrict. ebtor is a debtor in a foreign proceeding and has its principal place of business or principal assets in the nited States in this istrict or has no principal place of business or assets in the nited States but is a defendant in an action or proceeding [in a federal or state court] in this istrict or the interests of the parties will be served in regard to the relief sought in this istrict. ertification by a ebtor Who Resides as a enant of Residential Property (heck all applicable boxes) Landlord has a judgment against the debtor for possession of debtor's residence. (f box checked complete the following.) (ame of landlord that obtained judgment) (Address of landlord) ebtor claims that under applicable nonbankruptcy law there are circumstances under which the debtor would be permitted to cure the entire monetary default that gave rise to the judgment for possession after the judgment for possession was entered and ebtor has included with this petition the deposit with the court of any rent that would become due during the 30day period after the filing of the petition. ebtor certifies that he/she has served the Landlord with this certification. (.S.. 362(l)).

3 B (fficial Form )(04/3) Page 3 ame of ebtor(s): Voluntary Petition Vertical Health Solutions nc. (his page must be completed and filed in every case) Signatures Signature(s) of ebtor(s) (ndividual/joint) Signature of a Foreign Representative X X declare under penalty of perjury that the information provided in this petition is true and correct. [f petitioner is an individual whose debts are primarily consumer debts and has chosen to file under chapter 7] am aware that may proceed under chapter 7 2 or 3 of title nited States ode understand the relief available under each such chapter and choose to proceed under chapter 7. [f no attorney represents me and no bankruptcy petition preparer signs the petition] have obtained and read the notice required by.s.. 342(b). request relief in accordance with the chapter of title nited States ode specified in this petition. Signature of ebtor Signature of Joint ebtor elephone umber (f not represented by attorney) ase 8:4bk02759 oc Filed 03/3/4 Page 3 of 96 X declare under penalty of perjury that the information provided in this petition is true and correct that am the foreign representative of a debtor in a foreign proceeding and that am authorized to file this petition. (heck only one box.) request relief in accordance with chapter 5 of title. nited States ode. ertified copies of the documents required by.s.. 55 are attached. Pursuant to.s.. 5 request relief in accordance with the chapter of title specified in this petition. A certified copy of the order granting recognition of the foreign main proceeding is attached. Signature of Foreign Representative Printed ame of Foreign Representative ate Signature of onattorney Bankruptcy Petition Preparer X ate Signature of Attorney* /s/ Andrew Zaron Signature of Attorney for ebtor(s) Andrew Zaron Printed ame of Attorney for ebtor(s) León osgrove LL Firm ame 255 Alhambra ircle Suite 424 oral Gables FL 3334 Address declare under penalty of perjury that: () am a bankruptcy petition preparer as defined in.s.. 0; (2) prepared this document for compensation and have provided the debtor with a copy of this document and the notices and information required under.s.. 0(b) 0(h) and 342(b); and (3) if rules or guidelines have been promulgated pursuant to.s.. 0(h) setting a maximum fee for services chargeable by bankruptcy petition preparers have given the debtor notice of the maximum amount before preparing any document for filing for a debtor or accepting any fee from the debtor as required in that section. fficial Form 9 is attached. Printed ame and title if any of Bankruptcy Petition Preparer SocialSecurity number (f the bankrutpcy petition preparer is not an individual state the Social Security number of the officer principal responsible person or partner of the bankruptcy petition preparer.)(required by.s.. 0.) X elephone umber March ate *n a case in which 707(b)(4)() applies this signature also constitutes a certification that the attorney has no knowledge after an inquiry that the information in the schedules is incorrect. Signature of ebtor (orporation/partnership) declare under penalty of perjury that the information provided in this petition is true and correct and that have been authorized to file this petition on behalf of the debtor. he debtor requests relief in accordance with the chapter of title nited States ode specified in this petition. /s/ William avanaugh Signature of Authorized ndividual William avanaugh Printed ame of Authorized ndividual President and itle of Authorized ndividual March ate X Address ate Signature of bankruptcy petition preparer or officer principal responsible personor partner whose Social Security number is provided above. ames and SocialSecurity numbers of all other individuals who prepared or assisted in preparing this document unless the bankruptcy petition preparer is not an individual: f more than one person prepared this document attach additional sheets conforming to the appropriate official form for each person. A bankruptcy petition preparer s failure to comply with the provisions of title and the Federal Rules of Bankruptcy Procedure may result in fines or imprisonment or both..s.. 0; 8.S.. 56.

4 ase 8:4bk02759 oc Filed 03/3/4 Page 4 of 96 B A (fficial Form xhibit A) (9/97) [f debtor is required to file periodic reports (e.g. forms 0K and 0Q) with the Securities and xchange ommission pursuant to Section 3 or 5(d) of the Securities xchange Act of 934 and is requesting relief under chapter of the Bankruptcy ode this xhibit "A" shall be completed and attached to the petition.] nited States Bankruptcy ourt Middle istrict of Florida n re Vertical Health Solutions nc. ase o. ebtor(s) hapter XHB "A" VLARY P. f any of the debtor's securities are registered under Section 2 of the Securities xchange Act of 934 the S file number is he following financial data is the latest available information and refers to the debtor's condition on 02/20/4. a. otal assets $ b. otal debts (including debts listed in 2.c. below) $ c. ebt securities held by more than 500 holders: Approximate number of holders: secured unsecured subordinated $ secured unsecured subordinated $ secured unsecured subordinated $ secured unsecured subordinated $ secured unsecured subordinated $ d. umber of shares of preferred stock 0 0 e. umber of shares common stock omments if any: 3. Brief description of ebtor's business: he company provides cloudbased medical imaging quality assurance automation for hospitals and imaging centers. 4. List the name of any person who directly or indirectly owns controls or holds with power to vote 5% or more of the voting securities of debtor: Mayo Foundation for Medical ducation and Research (000 shares 7.95%) Richard and Jaci Lindstrom ( shares 7.5%) Gus hafoulias (98229 shares 7.02%) Marie lizabeth Briden ( shares 5.22% William. avanaugh ( shares 5.0%) Software opyright (c) Best ase LL

5 ase 8:4bk02759 oc Filed 03/3/4 Page 5 of 96 B4 (fficial Form 4) (2/07) nited States Bankruptcy ourt Middle istrict of Florida n re Vertical Health Solutions nc. ase o. ebtor(s) hapter LS F RRS HLG 20 LARGS SR LAMS Following is the list of the debtor's creditors holding the 20 largest unsecured claims. he list is prepared in accordance with Fed. R. Bankr. P. 007(d) for filing in this chapter [or chapter 9] case. he list does not include () persons who come within the definition of "insider" set forth in.s.. 0 or (2) secured creditors unless the value of the collateral is such that the unsecured deficiency places the creditor among the holders of the 20 largest unsecured claims. f a minor child is one of the creditors holding the 20 largest unsecured claims state the child's initials and the name and address of the child's parent or guardian such as "A.B. a minor child by John oe guardian." o not disclose the child's name. See.S.. 2; Fed. R. Bankr. P. 007(m). () (2) (3) (4) (5) ame of creditor and complete mailing address including zip code Ackmann & ickenson nc. 70 orth hird Street Suite 08 Minneapolis M homas & ancy Humphries 635 Howie Mine hurch Road Waxhaw 2873 raig Stevenson 237 BLR R FRGS FALLS M onald G. Hamm Jr. 49 Stonebridge Road Lilydale M 558 lmer Salovich Revocable rust /A 2/6 2 verholt Pass dina M Gilya Alchits 00 50th Avenue orth Plymouth M Henry A. ousineau 20 Yale Place #07 Minneapolis M Henry A. ousineau 20 Yale Place #07 Minneapolis M J. Kenneth Roos P Box San iego A 9269 JMMAR onsulting 65 River Birch Place Lino Lakes M 5504 ame telephone number and complete mailing address including zip code of employee agent or department of creditor familiar with claim who may be contacted Ackmann & ickenson nc. 70 orth hird Street Suite 08 Minneapolis M homas & ancy Humphries 635 Howie Mine hurch Road Waxhaw 2873 raig Stevenson 237 BLR R FRGS FALLS M onald G. Hamm Jr. 49 Stonebridge Road Lilydale M 558 lmer Salovich Revocable rust /A 2/6 2 verholt Pass dina M Gilya Alchits 00 50th Avenue orth Plymouth M Henry A. ousineau 20 Yale Place #07 Minneapolis M Henry A. ousineau 20 Yale Place #07 Minneapolis M J. Kenneth Roos P Box San iego A 9269 JMMAR onsulting 65 River Birch Place Lino Lakes M 5504 ature of claim (trade debt bank loan government contract etc.) ndicate if claim is contingent unliquidated disputed or subject to setoff Amount of claim [if secured also state value of security] Business Vendor Promissory ote Promissory ote Promissory ote Promissory ote Promissory ote Promissory ote Promissory ote Business Vendor Business Vendor Software opyright (c) Best ase LL

6 ase 8:4bk02759 oc Filed 03/3/4 Page 6 of 96 B4 (fficial Form 4) (2/07) ont. n re Vertical Health Solutions nc. ase o. ebtor(s) LS F RRS HLG 20 LARGS SR LAMS (ontinuation Sheet) () (2) (3) (4) (5) ame of creditor and complete mailing address including zip code John ollins 3332 Primrose ourt Grand Forks 5820 Kilmer Lucas nc xplorer rive Suite 203 Mississauga L4W 49 Larry Hopfenspirger 2025 icollet Avenue South #203 Minneapolis M Marie lizabeth Briden 35 WLLW WS RV KA BAY M 5533 Mayo Foundation for Medical ducation and Research 200 First Street SW Rochester M Morgan Lewis & Bockius LLP 502 arnegie enter Princeton J Paul Roberts 955 GR R RA J Y W RB apital Markets LL ust FB aryl Mcab Roth 60 South 6th Street Mailstop: P9 Minneapolis M Sheldon Fleck 46 Browndale Ave dina M Willard Blake 0604 Raddisson Rd Blaine M ame telephone number and complete mailing address including zip code of employee agent or department of creditor familiar with claim who may be contacted John ollins 3332 Primrose ourt Grand Forks 5820 Kilmer Lucas nc xplorer rive Suite 203 Mississauga L4W 49 Larry Hopfenspirger 2025 icollet Avenue South #203 Minneapolis M Marie lizabeth Briden 35 WLLW WS RV KA BAY M 5533 Mayo Foundation for Medical ducation and Research Rochester M Morgan Lewis & Bockius LLP 502 arnegie enter Princeton J Paul Roberts 955 GR R RA J Y W RB apital Markets LL ust FB aryl Mcab Roth 60 South 6th Street Minneapolis M Sheldon Fleck 46 Browndale Ave dina M Willard Blake 0604 Raddisson Rd Blaine M ature of claim (trade debt bank loan government contract etc.) ndicate if claim is contingent unliquidated disputed or subject to setoff Amount of claim [if secured also state value of security] Promissory ote Business Vendor Promissory ote Promissory ote Business Vendor Promissory ote Promissory ote Promissory ote Promissory ote Software opyright (c) Best ase LL

7 ase 8:4bk02759 oc Filed 03/3/4 Page 7 of 96 B4 (fficial Form 4) (2/07) ont. n re Vertical Health Solutions nc. ase o. ebtor(s) LS F RRS HLG 20 LARGS SR LAMS (ontinuation Sheet) LARA R PALY F PRJRY BHALF F A RPRA R PARRSHP the President and of the corporation named as the debtor in this case declare under penalty of perjury that have read the foregoing list and that it is true and correct to the best of my information and belief. ate March Signature /s/ William avanaugh William avanaugh President and Penalty for making a false statement or concealing property: Fine of up to $ or imprisonment for up to 5 years or both. 8.S.. 52 and 357. Software opyright (c) Best ase LL

8 B6 Summary (Form 6 Summary) (2/3) ase 8:4bk02759 oc Filed 03/3/4 Page 8 of 96 nited States Bankruptcy ourt Middle istrict of Florida n re Vertical Health Solutions nc. ase o. ebtor(s) hapter SMMARY F SHLS ndicate as to each schedule whether that schedule is attached and state the number of pages in each. Report the totals from Schedules A B F and J in the boxes provided. Add the amounts from Schedules A and B to determine the total amount of the debtor's assets. Add the amounts of all claims from Schedules and F to determine the total amount of the debtor's liabilities. ndividual debtors also must complete the "Statistical Summary of ertain Liabilities and Related ata" if they file a case under chapter 7 or 3. AM F SHL AAH (YS/). F SHS ASSS LABLS HR A Real Property Yes $0.00 B Personal Property Yes 3 $ Property laimed as xempt o 0 reditors Holding Secured laims reditors Holding nsecured Priority laims (otal of laims on Schedule ) F reditors Holding nsecured onpriority laims G xecutory ontracts and nexpired Leases Yes $ Yes 2 $ Yes 7 $ Yes 5 H odebtors Yes urrent ncome of ndividual ebtor(s) J urrent xpenditures of ndividual ebtor(s) o 0 $/A o 0 $/A AL 30 $ $

9 Form 6 Statistical Summary (2/3) ase 8:4bk02759 oc Filed 03/3/4 Page 9 of 96 nited States Bankruptcy ourt Middle istrict of Florida n re Vertical Health Solutions nc. ase o. ebtor(s) hapter SASAL SMMARY F RA LABLS A RLA AA (28.S.. 59) f you are an individual debtor whose debts are primarily consumer debts as defined in 0(8) of the Bankruptcy ode (.S.. 0(8)) filing a case under chapter 7 or 3 you must report all information requested below. heck this box if you are an individual debtor whose debts are primarily consumer debts. You are not required to report any information here. his information is for statistical purposes only under 28.S Summarize the following types of liabilities as reported in the Schedules and total them. ype of Liability Amount omestic Support bligations (from Schedule ) $ axes and ertain ther ebts wed to Governmental nits (from Schedule ) laims for eath or Personal njury While ebtor Was ntoxicated (from Schedule ) (whether disputed or undisputed) Student Loan bligations (from Schedule F) $ omestic Support Separation Agreement and ivorce ecree bligations ot Reported on Schedule bligations to Pension or ProfitSharing and ther Similar bligations (from Schedule F) AL $ $ $ $ $ State the following: Average ncome (from Schedule Line 2) $ Average xpenses (from Schedule J Line 22) $ urrent Monthly ncome (from Form 22A Line 2; R Form 22B Line ; R Form 22 Line 20 ) $ State the following:. otal from Schedule "SR PR F AY" column $ 2. otal from Schedule "AM L PRRY" column. 3. otal from Schedule "AM L PRRY F AY" column 4. otal from Schedule F $ 5. otal of nonpriority unsecured debt (sum of 3 and 4) $ $ $ Software opyright (c) Best ase LL

10 }bk{schedule A Real Property}bk{ ase 8:4bk02759 oc Filed 03/3/4 Page 0 of 96 B6A (fficial Form 6A) (2/07) n re Vertical Health Solutions nc. ebtor ase o. SHL A RAL PRPRY xcept as directed below list all real property in which the debtor has any legal equitable or future interest including all property owned as a cotenant community property or in which the debtor has a life estate. nclude any property in which the debtor holds rights and powers exercisable for the debtor's own benefit. f the debtor is married state whether husband wife both or the marital community own the property by placing an "H" "W" "J" or "" in the column labeled "Husband Wife Joint or ommunity." f the debtor holds no interest in real property write "one" under "escription and Location of Property." o not include interests in executory contracts and unexpired leases on this schedule. List them in Schedule G xecutory ontracts and nexpired Leases. f an entity claims to have a lien or hold a secured interest in any property state the amount of the secured claim. See Schedule. f no entity claims to hold a secured interest in the property write "one" in the column labeled "Amount of Secured laim." f the debtor is an individual or if a joint petition is filed state the amount of any exemption claimed in the property only in Schedule Property laimed as xempt. escription and Location of Property ature of ebtor's nterest in Property Husband Wife Joint or ommunity urrent Value of ebtor's nterest in Property without educting any Secured laim or xemption Amount of Secured laim one Subotal > 0.00 (otal of this page) 0 continuation sheets attached to the Schedule of Real Property otal > 0.00 (Report also on Summary of Schedules) Software opyright (c) Best ase LL

11 }bk{schedule B Personal Property}bk{ ase 8:4bk02759 oc Filed 03/3/4 Page of 96 B6B (fficial Form 6B) (2/07) n re Vertical Health Solutions nc. ebtor ase o. xcept as directed below list all personal property of the debtor of whatever kind. f the debtor has no property in one or more of the categories place an "x" in the appropriate position in the column labeled "one." f additional space is needed in any category attach a separate sheet properly identified with the case name case number and the number of the category. f the debtor is married state whether husband wife both or the marital community own the property by placing an "H" "W" "J" or "" in the column labeled "Husband Wife Joint or ommunity." f the debtor is an individual or a joint petition is filed state the amount of any exemptions claimed only in Schedule Property laimed as xempt. o not list interests in executory contracts and unexpired leases on this schedule. List them in Schedule G xecutory ontracts and nexpired Leases. f the property is being held for the debtor by someone else state that person's name and address under "escription and Location of Property." f the property is being held for a minor child simply state the child's initials and the name and address of the child's parent or guardian such as "A.B. a minor child by John oe guardian." o not disclose the child's name. See.S.. 2 and Fed. R. Bankr. P. 007(m). ype of Property. ash on hand X SHL B PRSAL PRPRY escription and Location of Property Husband Wife Joint or ommunity urrent Value of ebtor's nterest in Property without educting any Secured laim or xemption 2. hecking savings or other financial accounts certificates of deposit or shares in banks savings and loan thrift building and loan and homestead associations or credit unions brokerage houses or cooperatives. Home Federal Bank hecking Account Security deposits with public utilities telephone companies landlords and others. X 4. Household goods and furnishings including audio video and computer equipment. omputer otebooks P and Monitor Books pictures and other art objects antiques stamp coin record tape compact disc and other collections or collectibles. X 6. Wearing apparel. X 7. Furs and jewelry. X 8. Firearms and sports photographic and other hobby equipment. 9. nterests in insurance policies. ame insurance company of each policy and itemize surrender or refund value of each. 0. Annuities. temize and name each issuer. X X X Subotal > (otal of this page) continuation sheets attached to the Schedule of Personal Property Software opyright (c) Best ase LL

12 B6B (fficial Form 6B) (2/07) ont. ase 8:4bk02759 oc Filed 03/3/4 Page 2 of 96 n re Vertical Health Solutions nc. ebtor ase o. SHL B PRSAL PRPRY (ontinuation Sheet) ype of Property escription and Location of Property Husband Wife Joint or ommunity urrent Value of ebtor's nterest in Property without educting any Secured laim or xemption. nterests in an education RA as defined in 26.S.. 530(b)() or under a qualified State tuition plan as defined in 26.S.. 529(b)(). Give particulars. (File separately the record(s) of any such interest(s)..s.. 52(c).) X 2. nterests in RA RSA Keogh or other pension or profit sharing plans. Give particulars. X 3. Stock and interests in incorporated and unincorporated businesses. temize. X 4. nterests in partnerships or joint ventures. temize. X 5. Government and corporate bonds and other negotiable and nonnegotiable instruments. X 6. Accounts receivable. P Box Minneapolis M Alimony maintenance support and property settlements to which the debtor is or may be entitled. Give particulars. 8. ther liquidated debts owed to debtor including tax refunds. Give particulars. X X 9. quitable or future interests life estates and rights or powers exercisable for the benefit of the debtor other than those listed in Schedule A Real Property. 20. ontingent and noncontingent interests in estate of a decedent death benefit plan life insurance policy or trust. 2. ther contingent and unliquidated claims of every nature including tax refunds counterclaims of the debtor and rights to setoff claims. Give estimated value of each. X X X Subotal > (otal of this page) Sheet of 2 continuation sheets attached to the Schedule of Personal Property Software opyright (c) Best ase LL

13 B6B (fficial Form 6B) (2/07) ont. ase 8:4bk02759 oc Filed 03/3/4 Page 3 of 96 n re Vertical Health Solutions nc. ebtor ase o. SHL B PRSAL PRPRY (ontinuation Sheet) ype of Property escription and Location of Property Husband Wife Joint or ommunity urrent Value of ebtor's nterest in Property without educting any Secured laim or xemption 22. Patents copyrights and other intellectual property. Give particulars. 23. Licenses franchises and other general intangibles. Give particulars. Big data technology platform for medical imaging quality assurance. License Agreement with Mayo Foundation for Medical ducation and Research nknown 24. ustomer lists or other compilations containing personally identifiable information (as defined in.s.. 0(4A)) provided to the debtor by individuals in connection with obtaining a product or service from the debtor primarily for personal family or household purposes. 25. Automobiles trucks trailers and other vehicles and accessories. X X 26. Boats motors and accessories. X 27. Aircraft and accessories. X 28. ffice equipment furnishings and supplies. 29. Machinery fixtures equipment and supplies used in business. X X 30. nventory. X 3. Animals. X 32. rops growing or harvested. Give particulars. 33. Farming equipment and implements. X X 34. Farm supplies chemicals and feed. X 35. ther personal property of any kind not already listed. temize. X Sheet 2 of 2 continuation sheets attached to the Schedule of Personal Property Software opyright (c) Best ase LL Subotal > (otal of this page) otal > (Report also on Summary of Schedules)

14 }bk{schedule reditors Holding Secured laims}bk{ ase 8:4bk02759 oc Filed 03/3/4 Page 4 of 96 B6 (fficial Form 6) (2/07) n re Vertical Health Solutions nc. ebtor ase o. SHL RRS HLG SR LAMS State the name mailing address including zip code and last four digits of any account number of all entities holding claims secured by property of the debtor as of the date of filing of the petition. he complete account number of any account the debtor has with the creditor is useful to the trustee and the creditor and may be provided if the debtor chooses to do so. List creditors holding all types of secured interests such as judgment liens garnishments statutory liens mortgages deeds of trust and other security interests. List creditors in alphabetical order to the extent practicable. f a minor child is a creditor the child's initials and the name and address of the child's parent or guardian such as "A.B. a minor child by John oe guardian." o not disclose the child's name. See.S.. 2 and Fed. R. Bankr. P. 007(m). f all secured creditors will not fit on this page use the continuation sheet provided. f any entity other than a spouse in a joint case may be jointly liable on a claim place an "X" in the column labeled "odebtor" include the entity on the appropriate schedule of creditors and complete Schedule H odebtors. f a joint petition is filed state whether the husband wife both of them or the marital community may be liable on each claim by placing an "H" "W" "J" or "" in the column labeled "Husband Wife Joint or ommunity". f the claim is contingent place an "X" in the column labeled "ontingent". f the claim is unliquidated place an "X" in the column labeled "nliquidated". f the claim is disputed place an "X" in the column labeled "isputed". (You may need to place an "X" in more than one of these three columns.) otal the columns labeled "Amount of laim Without educting Value of ollateral" and "nsecured Portion if Any" in the boxes labeled "otal(s)" on the last sheet of the completed schedule. Report the total from the column labeled "Amount of laim" also on the Summary of Schedules and if the debtor is an individual with primarily consumer debts report the total from the column labeled "nsecured Portion" on the Statistical Summary of ertain Liabilities and Related ata. heck this box if debtor has no creditors holding secured claims to report on this Schedule. RR'S AM A MALG ARSS LG ZP A A MBR (See instructions above.) avid rummer 30 Map rive Mankato M 5600 B R Husband Wife Joint or ommunity H W J A LAM WAS RR AR F L A SRP A VAL F PRPRY SBJ L 02/204 Security nterest against substantially all of ebtor's assets G L Q A S P AM F LAM WH G VAL F LLARAL SR PR F AY Value $ 02/204 nknown Richard Lindstrom 980 upont Avenue South Bloomington M 5543 Security nterest against substantially all of ebtor's assets Value $ nknown Value $ Value $ 0 continuation sheets attached Subtotal (otal of this page) otal (Report on Summary of Schedules) Software opyright (c) Best ase LL

15 }bk{schedule reditors Holding nsecured Priority laims}bk{ ase 8:4bk02759 oc Filed 03/3/4 Page 5 of 96 B6 (fficial Form 6) (4/3) n re Vertical Health Solutions nc. ebtor ase o. SHL RRS HLG SR PRRY LAMS A complete list of claims entitled to priority listed separately by type of priority is to be set forth on the sheets provided. nly holders of unsecured claims entitled to priority should be listed in this schedule. n the boxes provided on the attached sheets state the name mailing address including zip code and last four digits of the account number if any of all entities holding priority claims against the debtor or the property of the debtor as of the date of the filing of the petition. se a separate continuation sheet for each type of priority and label each with the type of priority. he complete account number of any account the debtor has with the creditor is useful to the trustee and the creditor and may be provided if the debtor chooses to do so. f a minor child is a creditor state the child's initials and the name and address of the child's parent or guardian such as "A.B. a minor child by John oe guardian." o not disclose the child's name. See.S.. 2 and Fed. R. Bankr. P. 007(m). f any entity other than a spouse in a joint case may be jointly liable on a claim place an "X" in the column labeled "odebtor" include the entity on the appropriate schedule of creditors and complete Schedule Hodebtors. f a joint petition is filed state whether the husband wife both of them or the marital community may be liable on each claim by placing an "H" "W" "J" or "" in the column labeled "Husband Wife Joint or ommunity." f the claim is contingent place an "X" in the column labeled "ontingent." f the claim is unliquidated place an "X" in the column labeled "nliquidated." f the claim is disputed place an "X" in the column labeled "isputed." (You may need to place an "X" in more than one of these three columns.) Report the total of claims listed on each sheet in the box labeled "Subtotals" on each sheet. Report the total of all claims listed on this Schedule in the box labeled "otal" on the last sheet of the completed schedule. Report this total also on the Summary of Schedules. Report the total of amounts entitled to priority listed on each sheet in the box labeled "Subtotals" on each sheet. Report the total of all amounts entitled to priority listed on this Schedule in the box labeled "otals" on the last sheet of the completed schedule. ndividual debtors with primarily consumer debts report this total also on the Statistical Summary of ertain Liabilities and Related ata. Report the total of amounts not entitled to priority listed on each sheet in the box labeled "Subtotals" on each sheet. Report the total of all amounts not entitled to priority listed on this Schedule in the box labeled "otals" on the last sheet of the completed schedule. ndividual debtors with primarily consumer debts report this total also on the Statistical Summary of ertain Liabilities and Related ata. heck this box if debtor has no creditors holding unsecured priority claims to report on this Schedule. YPS F PRRY LAMS (heck the appropriate box(es) below if claims in that category are listed on the attached sheets) omestic support obligations laims for domestic support that are owed to or recoverable by a spouse former spouse or child of the debtor or the parent legal guardian or responsible relative of such a child or a governmental unit to whom such a domestic support claim has been assigned to the extent provided in.s.. 507(a)(). xtensions of credit in an involuntary case laims arising in the ordinary course of the debtor's business or financial affairs after the commencement of the case but before the earlier of the appointment of a trustee or the order for relief..s.. 507(a)(3). Wages salaries and commissions Wages salaries and commissions including vacation severance and sick leave pay owing to employees and commissions owing to qualifying independent sales representatives up to $2475* per person earned within 80 days immediately preceding the filing of the original petition or the cessation of business whichever occurred first to the extent provided in.s.. 507(a)(4). ontributions to employee benefit plans Money owed to employee benefit plans for services rendered within 80 days immediately preceding the filing of the original petition or the cessation of business whichever occurred first to the extent provided in.s.. 507(a)(5). ertain farmers and fishermen laims of certain farmers and fishermen up to $650* per farmer or fisherman against the debtor as provided in.s.. 507(a)(6). eposits by individuals laims of individuals up to $2775* for deposits for the purchase lease or rental of property or services for personal family or household use that were not delivered or provided..s.. 507(a)(7). axes and certain other debts owed to governmental units axes customs duties and penalties owing to federal state and local governmental units as set forth in.s.. 507(a)(8). ommitments to maintain the capital of an insured depository institution laims based on commitments to the F R irector of the ffice of hrift Supervision omptroller of the urrency or Board of Governors of the Federal Reserve System or their predecessors or successors to maintain the capital of an insured depository institution..s (a)(9). laims for death or personal injury while debtor was intoxicated laims for death or personal injury resulting from the operation of a motor vehicle or vessel while the debtor was intoxicated from using alcohol a drug or another substance..s.. 507(a)(0). * Amount subject to adjustment on 4/0/6 and every three years thereafter with respect to cases commenced on or after the date of adjustment. continuation sheets attached Software opyright (c) Best ase LL

16 B6 (fficial Form 6) (4/3) ont. ase 8:4bk02759 oc Filed 03/3/4 Page 6 of 96 n re Vertical Health Solutions nc. ebtor ase o. SHL RRS HLG SR PRRY LAMS (ontinuation Sheet) Wages salaries and commissions YP F PRRY RR'S AM A MALG ARSS LG ZP A A MBR (See instructions.) B R Husband Wife Joint or ommunity H W J A LAM WAS RR A SRA FR LAM 03/0/204 G L Q A S P AM F LAM AM L PRRY F AY AM L PRRY hris Hafey 6520 herokee rail Minneapolis M /0/ Jane Halverson Place. sseo M /0/ homas Schissel 2003 W Blaylock Phoenix AZ William avanaugh st Ave Plymouth M Sheet of continuation sheets attached to Schedule of reditors Holding nsecured Priority laims Subtotal (otal of this page) otal (Report on Summary of Schedules) Software opyright (c) Best ase LL

17 }bk{schedule F reditors Holding nsecured onpriority laims}bk{ ase 8:4bk02759 oc Filed 03/3/4 Page 7 of 96 B6F (fficial Form 6F) (2/07) n re Vertical Health Solutions nc. ebtor ase o. SHL F RRS HLG SR PRRY LAMS State the name mailing address including zip code and last four digits of any account number of all entities holding unsecured claims without priority against the debtor or the property of the debtor as of the date of filing of the petition. he complete account number of any account the debtor has with the creditor is useful to the trustee and the creditor and may be provided if the debtor chooses to do so. f a minor child is a creditor state the child's initials and the name and address of the child's parent or guardian such as "A.B. a minor child by John oe guardian." o not disclose the child's name. See.S.. 2 and Fed. R. Bankr. P. 007(m). o not include claims listed in Schedules and. f all creditors will not fit on this page use the continuation sheet provided. f any entity other than a spouse in a joint case may be jointly liable on a claim place an "X" in the column labeled "odebtor" include the entity on the appropriate schedule of creditors and complete Schedule H odebtors. f a joint petition is filed state whether the husband wife both of them or the marital community may be liable on each claim by placing an "H" "W" "J" or "" in the column labeled "Husband Wife Joint or ommunity." f the claim is contingent place an "X" in the column labeled "ontingent." f the claim is unliquidated place an "X" in the column labeled "nliquidated." f the claim is disputed place an "X" in the column labeled "isputed." (You may need to place an "X" in more than one of these three columns.) Report the total of all claims listed on this schedule in the box labeled "otal" on the last sheet of the completed schedule. Report this total also on the Summary of Schedules and if the debtor is an individual with primarily consumer debts report this total also on the Statistical Summary of ertain Liabilities and Related ata. heck this box if debtor has no creditors holding unsecured claims to report on this Schedule F. RR'S AM MALG ARSS LG ZP A A MBR (See instructions above.) B R Husband Wife Joint or ommunity H W J A LAM WAS RR A SRA FR LAM. F LAM S SBJ SFF S SA. 02/4/4 Business Vendor G L Q A S P AM F LAM Ackmann & ickenson nc. 70 orth hird Street Suite 08 Minneapolis M Al Bier 80 Lakemoor rive Woodbury M /26/202 Promissory ote Anthony and Julie Klasen 43 Riverside Ave W Melrose M /28/202 Promissory ote /7/4 Business Vendor Arthur J. Gallagher Risk Mgt Svcs nc reasury enter hicago L continuation sheets attached Subtotal (otal of this page) Software opyright (c) Best ase LL S/:

18 ase 8:4bk02759 oc Filed 03/3/4 Page 8 of 96 B6F (fficial Form 6F) (2/07) ont. n re Vertical Health Solutions nc. ebtor ase o. SHL F RRS HLG SR PRRY LAMS (ontinuation Sheet) RR'S AM MALG ARSS LG ZP A A MBR (See instructions above.) B R Husband Wife Joint or ommunity H W J A LAM WAS RR A SRA FR LAM. F LAM S SBJ SFF S SA. 02/7/4 Business Vendor G L Q A S P AM F LAM B SA 7650 dinborough Way Suite 225 dina M Bill Priedman 405 S WLLW R LG LAK M /4/4 Promissory ote Brad Richter 250 XLSR BLV GRW M /4/3 Promissory ote Brian Spille 3933 Vincent Avenue South Minneapolis M /0/202 Promissory ote /28/202 Promissory ote Bruce & Sarah verakes J 3442 River Falls r orthbrook L Sheet no. of 6 sheets attached to Schedule of reditors Holding nsecured onpriority laims Subtotal (otal of this page) Software opyright (c) Best ase LL

19 ase 8:4bk02759 oc Filed 03/3/4 Page 9 of 96 B6F (fficial Form 6F) (2/07) ont. n re Vertical Health Solutions nc. ebtor ase o. SHL F RRS HLG SR PRRY LAMS (ontinuation Sheet) RR'S AM MALG ARSS LG ZP A A MBR (See instructions above.) B R Husband Wife Joint or ommunity H W J A LAM WAS RR A SRA FR LAM. F LAM S SBJ SFF S SA. 09/8/202 Promissory ote G L Q A S P AM F LAM Bruce Foreman 530 AYRSHR BLV A M homas & ancy Humphries 635 Howie Mine hurch Road Waxhaw /28/2 Promissory ote eltic nterprises 2620 BLV LAKVLL M /0/202 Promissory ote harles Bercaw 260 W 52 S MAPLS M /25/203 Promissory ote omstock Land o. LL P BX 0976 FARG 5806 /04/203 Promissory ote Sheet no. 2 of 6 sheets attached to Schedule of reditors Holding nsecured onpriority laims Subtotal (otal of this page) Software opyright (c) Best ase LL

20 ase 8:4bk02759 oc Filed 03/3/4 Page 20 of 96 B6F (fficial Form 6F) (2/07) ont. n re Vertical Health Solutions nc. ebtor ase o. SHL F RRS HLG SR PRRY LAMS (ontinuation Sheet) RR'S AM MALG ARSS LG ZP A A MBR (See instructions above.) B R Husband Wife Joint or ommunity H W J A LAM WAS RR A SRA FR LAM. F LAM S SBJ SFF S SA. 09/28/202 Promissory ote G L Q A S P AM F LAM raig Muilenburg P Box 28 Groton S raig Stevenson 237 BLR R FRGS FALLS M /7/202 Promissory ote an ourie 804 SRA AV MAKA M /2/202 Promissory ote an Schulte 52 ARRAG LA HS W /06/203 Promissory ote aniel Gage 4052 eerwood PL agan M /3/202 Promissory ote Sheet no. 3 of 6 sheets attached to Schedule of reditors Holding nsecured onpriority laims Subtotal (otal of this page) Software opyright (c) Best ase LL

21 ase 8:4bk02759 oc Filed 03/3/4 Page 2 of 96 B6F (fficial Form 6F) (2/07) ont. n re Vertical Health Solutions nc. ebtor ase o. SHL F RRS HLG SR PRRY LAMS (ontinuation Sheet) RR'S AM MALG ARSS LG ZP A A MBR (See instructions above.) B R Husband Wife Joint or ommunity H W J A LAM WAS RR A SRA FR LAM. F LAM S SBJ SFF S SA. /2/203 Promissory ote G L Q A S P AM F LAM aryl and Margaret Mcab 2620 BLV LAKVLL M ean P Jacklitch H R Plymouth M /07/202 Promissory ote ennis evetter 9925 RVR G RV MARSHFL W /5/2 Promissory ote onald G. Hamm Jr. 49 Stonebridge Road Lilydale M //203 Promissory ote oug Pietig 424 WLAW BAH BFFAL M /07/202 Promissory ote Sheet no. 4 of 6 sheets attached to Schedule of reditors Holding nsecured onpriority laims Subtotal (otal of this page) Software opyright (c) Best ase LL

22 ase 8:4bk02759 oc Filed 03/3/4 Page 22 of 96 B6F (fficial Form 6F) (2/07) ont. n re Vertical Health Solutions nc. ebtor ase o. SHL F RRS HLG SR PRRY LAMS (ontinuation Sheet) RR'S AM MALG ARSS LG ZP A A MBR (See instructions above.) B R Husband Wife Joint or ommunity H W J A LAM WAS RR A SRA FR LAM. F LAM S SBJ SFF S SA. 02/0/202 Promissory ote G L Q A S P AM F LAM lmer Salovich Revocable rust /A 2/6 2 verholt Pass dina M Fred Richter 03 GW WAYZAA M /7/202 Promissory ote Gene Happe 2909 WS RAL S BRSVLL M /3/202 Promissory ote Gilya Alchits 00 50th Avenue orth Plymouth M /0/202 Promissory ote /7/4 Business Vendor Gus hafoulias 22 st Avenue SW Suite 300 Rochester M Sheet no. 5 of 6 sheets attached to Schedule of reditors Holding nsecured onpriority laims Subtotal (otal of this page) Software opyright (c) Best ase LL

23 ase 8:4bk02759 oc Filed 03/3/4 Page 23 of 96 B6F (fficial Form 6F) (2/07) ont. n re Vertical Health Solutions nc. ebtor ase o. SHL F RRS HLG SR PRRY LAMS (ontinuation Sheet) RR'S AM MALG ARSS LG ZP A A MBR (See instructions above.) B R Husband Wife Joint or ommunity H W J A LAM WAS RR A SRA FR LAM. F LAM S SBJ SFF S SA. 2/3/202 Promissory ote G L Q A S P AM F LAM Gus hafoulias 22 st Avenue SW Suite 300 Rochester M Heidi Haberman 270 Pence Lane rono M //3 Promissory ote /0/202 Promissory ote Henry A. ousineau 20 Yale Place #07 Minneapolis M /20/202 Promissory ote Henry A. ousineau 20 Yale Place #07 Minneapolis M /7/4 Business Vendor J. Kenneth Roos P Box San iego A Sheet no. 6 of 6 sheets attached to Schedule of reditors Holding nsecured onpriority laims Subtotal (otal of this page) Software opyright (c) Best ase LL

24 ase 8:4bk02759 oc Filed 03/3/4 Page 24 of 96 B6F (fficial Form 6F) (2/07) ont. n re Vertical Health Solutions nc. ebtor ase o. SHL F RRS HLG SR PRRY LAMS (ontinuation Sheet) RR'S AM MALG ARSS LG ZP A A MBR (See instructions above.) B R Husband Wife Joint or ommunity H W J A LAM WAS RR A SRA FR LAM. F LAM S SBJ SFF S SA. 08/3/2 Promissory ote G L Q A S P AM F LAM James Behm H SR R WS BRA FL James Paul Argires 245 SHLMA RA LAASR PA 760 0/4/4 Promissory ote Jerry & Kaye Rachel 7825 racena ir orth Fort Meyers M /26/2 Promissory ote JMMAR onsulting 65 River Birch Place Lino Lakes M /7/4 Business Vendor John ollins 3332 Primrose ourt Grand Forks /28/202 Promissory ote Sheet no. 7 of 6 sheets attached to Schedule of reditors Holding nsecured onpriority laims Subtotal (otal of this page) Software opyright (c) Best ase LL

25 ase 8:4bk02759 oc Filed 03/3/4 Page 25 of 96 B6F (fficial Form 6F) (2/07) ont. n re Vertical Health Solutions nc. ebtor ase o. SHL F RRS HLG SR PRRY LAMS (ontinuation Sheet) RR'S AM MALG ARSS LG ZP A A MBR (See instructions above.) B R Husband Wife Joint or ommunity H W J A LAM WAS RR A SRA FR LAM. F LAM S SBJ SFF S SA. /26/3 Promissory ote G L Q A S P AM F LAM John. Happe 70 PRAR HLL R S L M Joleen Happe 2909 WS RAL S BRSVLL M /3/2 Promissory ote Jon and Annette Vandehey 945 GR R RA J Y W /28/202 Promissory ote Jordan Family LL 400 ast Lake Street Minneapolis M /0/202 Promissory ote Katie White 5300 HGHW R W A M /4/202 Promissory ote Sheet no. 8 of 6 sheets attached to Schedule of reditors Holding nsecured onpriority laims Subtotal (otal of this page) Software opyright (c) Best ase LL