Aug 18 (Reuters) - Root9B Holdings Inc (RTNB.O) :
* Says as result of default on secured debt, received foreclosure notice from agent of co's secured creditors
* Says to satisfy co's outstanding secured indebtedness, Centriole Reinsurance intends to sell substantially all of co's assets at auction
* President Dan Wachtler says disagrees with actions being taken by agent and continue to pursue alternatives to the auction process
Source text: (http://bit.ly/2vKOOOS) Further company coverage: (RTNB.O)