Proceedings.

1001469965 Ontario Inc. Magnum Worldwide Holdings Inc. and Magnum Nutraceuticals Inc.

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Active
Proceeding
Bankruptcysubsection 102(4) of the BIA
File
31-3328669
Filings held5
Last activity10 Feb 2026
On the record230 days
Secured debtSubscribers
OverviewSummary updated

1001469965 Ontario Inc., Magnum Worldwide Holdings Inc. and Magnum Nutraceuticals Inc. are the subject of an active bankruptcy proceeding under the Bankruptcy and Insolvency Act in Ontario, commenced on February 3, 2026 under court file no. 31-3328669. The proceeding began with an assignment in bankruptcy filed by the Receiver in respect of Residual Co., which the Office of the Superintendent of Bankruptcy accepted, making the assignment effective the same day. The record as it stands consists of that single step; no further milestones have been reported.

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Case updates5 dated entries

2 earlier updates, back to 3 February 2026 subscribers.

Parties

Debtor

1001469965 Ontario Inc. Magnum Worldwide Holdings Inc. and Magnum Nutraceuticals Inc.

Trustee in bankruptcy

MNP

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredThe Bank of Nova Scotia · in 110 casesBank loan (except real property mortgage), secured against Asset #801 - 2021 Tesla Model S Plaid 4D Sedan AWD, VIN 5YJSA1E63MF452007 — Loan given/incurred 2021-12-04; amount is the balance reported in the Statement of Affairs as at the date of bankruptcy (Feb 2, 2026); no estimated surplus/deficit from security stated (0.00). — debtor: 1001469965 Ontario Inc. · as of 2 Feb 2026$55KNotice to Crediors

67 more claims across lower-ranking classes

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RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedTrustee's Preliminary Report · 23 Feb 2026

ClassCreditorClaimsRecoveryBasisSource
Unsecuredno distributionEstimatedper the trusteeTrustee's Preliminary Report · 23 Feb 2026

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

Estate financialsReported figures — never derived

The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers

Documents5 filings
DateDocumentFile
Trustee's Preliminary Report
  • Appointee MNP Ltd.
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 3 February 2026
  • Court file no 31-3328669
  • + 5 more extracted facts
PDF · Subscribers
Affidavit of Mailing
PDF · Subscribers
Tear SheetPDF · Subscribers
Notice to Crediors
  • Commencement date 3 February 2026
  • Court file no 31-3328669
  • Province Ontario
  • Financial position Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Certificate of Appointment
  • Appointee MNP LTD / MNP LTÉE
  • Appointee role trustee
  • Commencement date 3 February 2026
  • Court file no 31-3328669
  • + 1 more extracted fact
PDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “1001469965 Ontario Inc. Magnum Worldwide Holdings Inc. and Magnum Nutraceuticals Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/1001469965-ontario-inc

Sources last checked · summary updated 8 August 2026 · Report a correction · Printed from proceedings.ca/case/1001469965-ontario-inc

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.