IN THE UNITED STATES BANKRUPTCY COURT

FOR THE DISTRICT OF DELAWARE

In re: Chapter 11
ELECTROGLAS, INC., et al.,
1
Case No. 09-12416 (PJW)
Debtors. (Jointly Administered)
Re: D.I. 512
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ~
NOTICE OF FILING DECLARATION OF BRIAN K. OSBORNE OF OMNI
MANAGEMENT GROUP, LLC REGARDING THE TABULATION OF AND RESULTS
OF VOTING WITH RESPECT TO DEBTORS' PLAN OF LIQUIDATION UNDER
CHAPTER 11 OF THE BANKRUPTCY CODE
PLEASE TAKE NOTICE that, on May 24, 2010, the above-captioned debtors
and debtors-in-possession (the "Debtors") filed the attached Declaration Of Brian K. Osborne Of
OMNI Management Group, LLC Regarding The Tabulation Of And Results Of Voting With
Respect To Debtors' Plan Of Liquidation Under Chapter 11 OfThe Bankruptcy Code.
Dated: May 24, 2010
Wilmington, Delaware
s Plaza, Suit
1313 N. Market Street, P.O. Box 1709
Wilmington, Delaware 19899-1709
Tel.: (302) 777-6500
Fax: (302) 421-8390
Section 327(a) Counsel to the Debtors
1
The Debtors are Electroglas, Inc. ("Electroglas") and Electroglas International, Inc. ("Electroglas
International").
#12629640 vl
IN THE UNITED STATES BANKRUPTCY COURT
FOR THE DISTRICT OF DELAWARE
Chapter 11
In re:
Case No. 09-12416 (PJW)
ELECTROGLAS, INC., et al.,
1
(Jointly Administered)
Debtors.
DECLARATION OF BRIAN K. OSBORNE OF
OMNI MANAGEMENT GROUP, LLC REGARDING
THE TABULATION OF AND RESULTS OF VOTING WITH RESPECT
TO DEBTORS' PLAN OF LIQUIDATION UNDER CHAPTER 11 OF
THE BANKRUPTCY CODE
STATE OF CALIFORNIA }
} ss.:
COUNTY OF LOS ANGELES }
Brian K. Osborne, under penalty of perjury under the laws of the United States, hereby
declares as follows:
1. I am a member of Omni Management Group, LLC ("Omni"). I am
over the age of 18 years and not a party to the above-captioned chapter 11 cases.
2. Except as otherwise indicated, all facts set forth herein are based upon
my personal knowledge or my review of relevant documents. If I were called upon to testify,
I could and would testify competently as to the facts set forth herein. I submit this declaration
with respect to the Debtors' Plan of Liquidation Under Chapter 11 of the Bankruptcy Code
(as may be amended or supplemented from time to time and including all exhibits and
1
The Debtors are Electroglas, Inc. (EIN 77-0336101) ("Electroglas") and Electroglas International, Inc. (EIN
77-0345011) ("Electroglas International").
#12625070 v2
supplements thereto, the "Plan").
3. Capitalized terms used but not otherwise defined herein shall have the
meanings ascribed to them in the Order (A) Approving Disclosure Statement; (B) Fixing The
Voting Record Date; (C) Approving Solicitation and Voting Procedures with Respect to
Debtors' Chapter 11 Plan; (D) Approving Form of Solicitation Package and Notices; and (E)
Scheduling Certain Dates in Connection Therewith, dated April 13, 2010 [Docket No. 513]
(the "Disclosure Statement Order").
4. In accordance with the Order Authorizing The D ~ b t o r s To Employ
Omni Management Group, LLC As Claims, Balloting, Noticing And Administrative Agent
Nunc Pro Tunc To The Petition Date, dated July13, 2009 [Docket No. 32], Omni was
appointed to act as, among other things, Balloting Agent to the above captioned debtors
(collectively, the "Debtors"), for the purpose of soliciting, receiving and tabulating the ballots
accepting or rejecting the Plan.
5. Pursuant to the Disclosure Statement Order, April 8, 2010 was
established as the record date for purposes of determining: (a) the creditors entitled to receive
the Solicitation Package pursuant to the Solicitation Procedures; (b) the creditors entitled to
vote to accept or reject the Plan; and (c) whether claims have been properly transferred to an
assignee pursuant to Bankruptcy Rule 3001(e) such that the assignee can vote as the holder of
the claim.
6. Pursuant to the Disclosure Statement Order, Holders of Class 2 -
Secured Noteholder Claims, Class 3 - Superpriority Claims, Class 4 - Deficiency Claims,
Class SA - EG General Unsecured Claims, Class SB - Ell General Unsecured Claims, and
Class 6 - Convenience Claims (the "Voting Creditors") were entitled to vote to accept or
2
#12625070 v2
reject the Plan.
7. In accordance the procedures set forth in the Disclosure Statement
Order, Omni supervised the preparation and mailing of packages (the "Solicitation Packages")
to: the Voting Creditors and all other parties in interest entitled to receive any notices with
respect to the Plan, including the Confirmation Hearing Notice and all non-voting status
notices, which Solicitation Packages were mailed on or before Aprill9, 2010. A Solicitation
Package for Voting Creditors contained:
a. Disclosure Statement and Plan with exhibits attached
b. Confirmation Hearing Notice
c. Disclosure Statement Order
d. Ballot and voting instructions with respect thereto, with a pre-
addressed, postage pre-paid return envelope
Pursuant to the Disclosure Statement Order, all completed ballots for the Voting Creditors
were required to be returned to Omni so as to be received no later than 4:00p.m. prevailing
Eastern Time on May 19, 2010 (the "Voting Deadline").
7. Upon receipt of the envelopes containing ballots, Omni adhered to the
following procedures:
# 12625070 v2
1. Each returned envelope was opened and the ballots were removed,
inspected and stamped with the date received;
u. Prior to solicitation, each ballot was given a sequential number
when received (the "Ballot Identification Number"). Omni
personnel then entered into a computer database (reserved
exclusively for recording votes), all pertinent information from the
ballots, including, among other things, the Ballot Identification
Number and whether such ballots indicated acceptance or rejection
ofthe Plan.
111. All properly completed and executed ballots that were received by
Omni on or prior to the Voting Deadline were tabulated in
3
accordance with the Disclosure Statement Order and the above
procedures.
IV. Omni is in possession of all such ballots and copies of such ballots are
available for review during Omni regular business hours at Omni's
offices, located at 16501 Ventura Boulevard, Suite 440, Encino, CA
91436-2068.
8. The results of the aforementioned tabulation of all properly executed and
completed ballots received by the Voting Deadline are set forth in Table 1 below. In addition,
annexed hereto as Exhibit A is a detailed accounting of the tabulation.
TABLE 1-TABULATION OF BALLOTS
TOTAL VOTES COUNTED
ACCEPT REJECT
VOTING
CLASS
AMOUNT NUMBER AMOUNT NUMBER
Class 2 - Secured $3,724,000.00 2 $0 0
Noteholder Claims 100% 100% 0% 0%
Class 3 - Superpriority $4,000,000.00 2 $0 0
Claims 100% 100% 0% 0%
Class 4 - Deficiency $22,026,000.00 2 $0 0
Claims 100% 100% 0% 0%
Class 5A- EG General $714,721.03 12 $0 0
Unsecured Claims 100% 100% 0% 0%
Class 5B - Ell General $0 0 $0 0
Unsecured Claims 0% 0% 0% 0%
Class 6- Convenience $11,158.11 13 $0 0
Claims 100% 100% 0% 0%
4
# 12625070 v2
11. Table 1 does not reflect any ballots that were invalid, not timely received
or otherwise failed to conform to the requirements set forth in the voting instructions and
procedures contained on the ballots and in the Disclosure Statement Order. Exhibit "B" hereto
identifies those ballots that were not included in the tabulation and the reasons for their
exclusion.
I declare under penalty of perjury that, to the best of my know led
foregoing is true and correct.
{State of California }
{ } ss.
{County ofLos Angeles }
Subscribed and sworn to (or affirmed) before me on this (JI.jiil-ctay of I!JatJ , 2010 , by
Brian j{ Qe,lA:JouL_ , proved to me on the basis of satisfactory to be the
who appeared before me.

Notary Public

CATHERINE A. P.OJO
Commission # 1 804344
Notary Public California 1
z Los Angeles County
J . o o o oMl iu! 2J-J&1 tl
5
# 12625070 v2
EXHIBIT A
ELECTROGLAS, INC., et. AI.
Case No. 09-12416 (PJW)
Ballot Report
Class 2 - Secured Noteholder Claims
Name of Holder
Date
Received
EQ Acquisition, LLC C/0 Advanced
5/18/2010
Inquiry Systems, Inc.
Formfador. Inc. and its Subsidiary 5/18/2010
Class 2 -Secured Noteholder Claims
#Votes
Vote%
Tabulated Amount
Amount%
:
Claim
10
108
123
L.___
Total Valid
2
100%
$3,724,000.00
100%
Schedule
10
16536
16864
16859
Ballot
Amount
$14,500,000.00
$11,250,000.00
Vote
Accept
Accept
Accepted Rejected
2 0
100% 0%
$3,724,000.00 $0.00
100% 0%
Page 1 of 1
May 24, 2010 10:26:06 AM
Tabulated
Amount Comment
The claims classified into Plan classes 2, 3 and 4 are based upon ownership and
amounts owed under the Notes. The tabulated amounts listed herein are
attributable to those portions of the respedive claims that Debtors presenUy
$2,048,200.00
estimate are entitled to treatment in these respedive classes. Such tabulation
amounts are based upon Debtors' present estimates and are included herein for
voting purposes, only. The ultimate allowed amounts of the respective claims and
portions classified into Plan classes 2, 3 and 4 for distribution purposes shall be
determined in accordance with the provisions of the Plan.
The claims classified into Plan classes 2. 3 and 4 are based upon ownership and
amounts owed under the Notes. The tabulated amounts listed herein are
attributable to those portions of the respective claims that Debtors presently
$1,675,800.00
estimate are enmled to treatment in these respedive classes. Such tabulation
amounts are based upon Debtors' present estimates and are included herein for
voting purposes, only. The ultimate allowed amounts of the respedive claims and
portions classified into Plan classes 2. 3 and 4 for distribution purposes shall be
determined in accordance with the provisions of the Plan.
. -
Invalid
0
ELECTROGLAS, INC., et. AI.
Case No. 09-12416 (PJW)
Ballot Report
Class 3 - Superpriority Claims
Name of Holder
Date
Received
EQ Acquisition, LLC CIO Advanced
5/1812010
Inquiry Systems, Inc.
Formfactor, Inc. and its Subsidiary 5118/2010
Class 3 - Superpriority Claims
#Votes
Vote%
Tabulated Amount
Amount%
:
:
Claim
10
108
123
Total Valid
2
100%
$4,000,000.00
100%
Schedule
ID
16536
16864
16859
Ballot
Amount
$14,500,000.00
$4,000,000.00
Vote
Accept
Accept
Accepted Rejected
2 0
100% 0%
$4,000,000.00 $0.00
100% 0%
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Page 1 of 1
May 24, 2010 10:26:57 AM
Tabulated
Amount Comment
The clarms classified into Plan classes 2. 3 and 4 are based upon ownership and
amounts owed under the Notes. The tabulated amounts listed herein are
attributable to those portions of the respective claims that Debtors presendy
$2,200,000.00
estimate are to treatment in these respective classes. Such tabulation
amounts are based upon Debtors' present estimates and are included herein for
voting purposes. only. The ultimate allowed amounts of the respective claims and
portions classified into Plan classes 2, 3 and 4 for distribution purposes shall be
determined in accordance with the provisions of the Plan.
The claims classified into Plan classes 2. 3 and 4 are based upon ownership and
amounts owed under the Notes. The tabulated amounts listed herein are
attributable to those portions of the respective claims that Debtors presently
$1,800,000.00
estimate are entitled to treatment in these respective classes. Such tabulation
amounts are based upon Debtors' present estimates and are included for
voting purposes, only. The ultimate allowed amounts of the respective claims and
portions classified into Plan classes 2, 3 and 4 for distribution purposes shall be
determined in accordance wrth the provisions of the Plan.
Invalid
0
ELECTROGLAS, INC., et. al. Page 1 of,
Case No. 09-12416 (PJW)
Ballot Report
Class 4- Deficiency Claims
Ballot Detail
Name of Holder
EQ Acquisilion, LLC C/O Advanced
Inquiry Syslems, Inc.
Formfaclor. Inc. and ils Subsidiary
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Class 4- Deficiency Claims
Tabulation Summary Report
Date
Rec'd
5/18/2010
5118/2010
Claim or Ballot Vote Tabulated
Sched.ID Amount Amount
C-108 $ 14,500.000.00 Accepl $ 12,114,300.00
S-16536
C-123 $ 22,026,000.00 Accepl $ 9,911,700.00
S-16864
S-16859
Voles _ _ _ _
Vole%: 1 DO% 0% 100% I
Tolal Amount I $ 22,026,000.00 I $ 22,026,000.00 $
Amounl %: 100% 0%
May 24,2010 1029:18 AM
Opt Out
Jrd Party
Release Comments
Yes
The claims classified inlo Plan classes 2. 3 and 4 are based upon
ownership and amounls owed under lhe Noles. The labulaled
amounls lisled herein are altribulable lo lhose portions of I he
respeclive claims lhal Deblors presenlly eslimale are enlilled lo
lrealmenl in lhese respeclive classes. Such labulalion amounls
are based upon Deblors' presenl eslimales and are included
herein for voling purposes, only. The uHimale allowed amounls of
lhe respeclive claims and portions classified inlo Plan classes 2. 3
and 4 for dislribulion purposes shall be delermined in accordance
wilh lhe provisions of lhe Plan.
Yes
The claims classified inlo Plan classes 2, 3 and 4 are based upon
ownership and amounls owed under lhe Noles. The labulaled
amounls lisled herein are altribulable lo lhose portions of lhe
respeclive claims lhal Deblors presenlly eslimale are enlilled lo
lrealmenl in lhese respeclive classes. Such labulalion amounls
are based upon Deblors' presenl eslimales and are included
herein for voling purposes. only. The ullimale allowed amounls of
lhe respeclive claims and portions classified inlo Plan classes 2. 3
and 4 for dislribulion purposes shall be delermined in accordance
wilh lhe provisions of lhe Plan.
ELECTROGLAS, INC., et. at.
Case No. 09-12416 (PJW)
Ballot Report
Class SA - EG General Unsecured Claims
Ballot Detail
Date
Name of Holder Rec'd
Advanced Material Solutions Inc. 5/17/2010
Armstrona Technoloav. Inc. 5/11/2010
Armstrong Technology, Inc. 5/11/2010
Blakely Sokoloff Taylor & Zafman LLP 5/17/2010
Capacitec. Inc. 5/8/2010
Dynaca Products 5/3/2010
ROC Machine. Inc. 5/8/2010
Thomas E. Brunton 4/30/2010
Thomas E. Brunton 4/30/2010
U-Freight Singapore PTE LTD .. 5/17/2010
U-Freight America. Inc. 5/17/2010
United Parcel Service 5/7/2010
Claim or Ballot
Sched.ID Amount
C-22 $ 8,660.00
C-28 $ 3,787.01
C-63 $ 3,787.01
C-125 $ 33,520.41
C-67 $ 4,935.00
C-7 $ 6,544.45
C-68 $ 23,102.48
C-93 $ 510.643.00
S-19289 $ 12,783.60
C-69 $ 24.382.54
C-68 $ 86,242.29
C-133 $ 7,859.71
May 24,2010 9:32:20AM
Opt Out
Vote Tabulated Conv. Noteholder 3rd Party Comments
Amount Election Release Release
Accept $ 8,660.00
Accept $ 3,787.01 Yes
Accept $ 3,787.01 Yes Claim No. 63 is subject to the 3rd
Omnibus Objection filed an April 23,
2010 which seeks to re-classify Claim
No. 63 as Unsecured and to allow
claim in the Unsecured amount of
$3,787.01
Accept $ 33,520.41
Accept $ 4,935.00 Yes
Accept $ 6,544.45
Accept $11.576.01 Yes Yes Claim is subject to the 3rd Omnibus
Objection filed on April23. 2010
which seeks to allow an unsecured
portion of their claim 1n the amount of
$11.576.01.
Vote was tabulated in the amount
($11, 576.01) proposed in the
objection.
Accept $ 510,643.00
Accept $ 12,783.60
Accept $ 24,382.54 Yes Yes
Accept $ 86,242.29 Yes Yes
~ ~ e p . ! . . . _ $ 7,859.?.2._
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ELECTROGLAS, INC., et. at.
Case No. 09-12416 (PJW)
Ballot Report
Class SA- EG General Unsecured Claims
Tabulation Summary Report
ELECTROGLAS, INC., et. AI.
Case No. 09-12416 (PJW)
Ballot Report
Class 58 - Ell General Unsecured Claim
Date Claim Schedule Ballot Tabulated
Name of Holder Received 10 10 Amount Vote Amount Comment
Page 1 of 1
May 21, 2010 4:13:24 PM
[ No Ballots received in Class 58 I
Class 58 - Ell General Unsecured Claim
Total Valid
#Votes
Vote%
Tabulated Amount
Amount%
:
:
0
0%
$0.00
0%
Accepted
0
0%
$0.00
0%
Rejected Invalid
0 0
0%
$0.00
0%
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ELECTROGLAS, INC., et. al.
Case No. 09-12416 (PJW)
Ballot Report
Class 6- Convenience Claims
Ballot Detail
Name of Holder
Bay Seal Co. Inc.
Black Box Corporation
Digi-Key Corp.
Geier & Bluhm, Inc.
Kent H. Landsberg Co.
Lab Safety Supply
Newport Corp.
Pape Material Handling, Inc.
Pape Material Handling, Inc.
PSI Solutions, Inc.
United Parcel Service
Verizon Wireless
Zippertubing Co.
Class 6- Convenience Claims
Tabulation Summary Report
Date Claim or Ballot
Rec'd Sched.ID Amount
4/30/2010 C-72 $ 497.66
5/3/2010 C-25 $ 200.27
4/30/2010 C-85 $ 593.18
5/3/2010 C-29 $ 64.00
5/3/2010 C-46 $ 1,276.00
4/30/2010 C-84 $ 207.90
4/30/2010 C-78 $ 199.92
5/8/2010 C-20 $ 549.16
5/8/2010 C-26 $ 2,182.40
5/14/2010 C-14 $ 365.00
5/7/2010 C-35 $ 3,617.02
5/8/2010 C-40 $ 890.60
5/8/2010 C-58
.... ..... v
Vote %: 100% 0%
TotaiAmount: $ 11,158.11 $ 11,158.11 $
Amount%: 100% 0%
May 21, 2010 4:13:24 PM
Opt Out
Vote Tabulated Noteholder 3rd Party
Amount Release Release Comments
Accept $ 497.66 Yes Yes
Accept $ 200.27
Accept $ 593.18
Accept $ 64.00
Accept $ 1,276.00
Accept $ 207.90 Yes Yes
Accept $ 199.92
Accept $ 549.16
Accept $ 2,182.40
Accept $ 365.00
Accept $ 3,617.02
Accept $ 890.60
Accept $ 515.00
No amount indicated by creditor on ballot. Creditor
submitted ballot on account of cia 1m no. 58 in the
filed amount of $515.00. The voting amount used
for tabulation purposes is $515.00 on account of the
filed claim amount.
EXHIBITB
ELECTROGLAS, INC., et. al.
Case No. 09-12416 (PJW)
Ballot Report
Class SA - EG General Unsecured Claims
Invalid Ballot Detail
Date
Name of Holder Rec'd
RDC Machine. Inc. 5/8/2010
Class SA - EG General Unsecured Claims
Invalid Tabulation Summary Report
; Votes
Vote%
Tolal Amount
Amount%
Invalid
1
$0.00
I
I
I $
Claim or Ballot
Sched.ID Amount
C-3 $ 23,102.48
Debtors' Plan
Accepted Rejected
0 0
0% 0%
- $
0% 0%
May 24. 2010 9.32:20 AM
Opt Out
Vote Tabulated Conv. Note holder Jrd Party Comments
Amount Election Release Release
Invalid $0.00 Invalid Vote: Ballot cast is with
respect to Claim No. 3 which is
amended by Claim No. 68. A ballot
has been received with respect to the
Amended Claim No. 68.
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