1926378 Alberta Ltd. & Sprockit Apps Inc.
- Proceeding
- Receivership (court-appointed)section 13(2) of the Judicature Act, R.S.A. 2000, c.J-2, Part 8 of the Business Corporations Act, R.S.A. 2000, c.B-9, and parts 3 and 9 of the Civil Enforcement Act, R.S.A. 2000, c.15
- File
- 1603 13737
- Industry
- Real estate · Rental & income property
1926378 Alberta Ltd. and Sprockit Apps Inc. have been under court-appointed receivership in the Court of King's Bench of Alberta since August 4, 2016, on the application of the Alberta Motor Association, with Deloitte Restructuring Inc. appointed receiver under court file 1603 13737. The appointment rests on section 13(2) of the Judicature Act, R.S.A. 2000, c.J-2, Part 8 of the Business Corporations Act, R.S.A. 2000, c.B-9, and parts 3 and 9 of the Civil Enforcement Act, R.S.A. 2000, c.15. Canada ICI Capital Corporation holds a mortgage against 1926378 Alberta Ltd. over the Commonwealth Building, registration 162 003 121, with an original principal amount of $3,712,000 and an approximate $2,923,000 outstanding, together with a caveat respecting an assignment of rents and leases, registration 162 003 122, both registered 07/01/2016 against the two title parcels. The proceeding remains active.
The officer filed report no. Fourth and Final Report of the Receiver. The receivership operations have wound down: the app revenue stream is being discontinued as immaterial, tax and GST returns have been filed through 2018/2019 with no further filings planned, and all property of the Companies has been dealt with as the Receiver seeks final distributions and discharge.
Source: Fourth and Final Report of Receiver September 14, 2020
The officer filed report no. Third Report of the Receiver. The Receiver has sold the Commonwealth Building and, given declining app revenues and Apple compliance costs, has largely abandoned efforts to realize on Sprockit's mobile apps; realization of the Companies' property is substantially complete, with remaining work limited to tax filings, a rental reconciliation, and an interim distribution.
The officer filed report no. Second Report of the Receiver. The Receiver has been managing Sprockit Apps Inc. (whose app revenue has become negligible) and 1926378 Alberta Ltd., which owns the Commonwealth Building, and after multiple failed conditional sale attempts is seeking court approval to sell the building to Primevest for approximately $4,100,000.
Placed both companies into court-appointed receivership under BIA s. 243 and provincial Judicature Act authority, commencing the Alberta proceeding in Court file 1603 13737.
Debtor
1926378 Alberta Ltd. & Sprockit Apps Inc.
Receiver
Deloitte
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Canada ICI Capital Corporation · in 9 casesMortgage on Commonwealth Building (registration 162 003 121, original principal amount $3,712,000) plus Caveat re: Assignment of Rents and Leases (registration 162 003 122), registered 07/01/2016 against both title parcels — Report states 'approximate $2,923,000 mortgage outstanding on the Commonwealth Building' (page 2); the $3,712,000 figure on title is the original principal amount, not the outstanding balance — debtor: 1926378 Alberta Ltd. | $2.92M | First Report of Receiver November 22, 2016 |
This proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.
Alberta Motor Association: a distribution.Third Report of Receiver November 16, 2017 · 16 Nov 2017
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| SecuredAMA (plaintiff) | Alberta Motor Association | — | interim | per the receiver | Third Report of Receiver November 16, 2017 · 16 Nov 2017 |
| Unsecured | Alberta Motor Association | shortfall | Estimatedper the receiver | Fourth and Final Report of Receiver September 14, 2020 · 14 Sep 2020 |
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.
2 blurred figures above
The claims and what each class or creditor recovers — each as the filing states it, with its source.
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See all plansCumulative receipts
$682K
As at 16 Nov 2017Third Report of Receiver November 16, 2017
Cumulative disbursements
As at
Cash on hand
As at
Professional fees
As at
3 more reported figures
Each one as the filing states it, with its source.
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See all plans| Date | Document | File |
|---|---|---|
| Affidavit of Completion and Discharge of Receiver December 11, 2020 | PDF · Subscribers | |
Fourth and Final Report of Receiver September 14, 2020
| PDF · Subscribers | |
Third Report of Receiver November 16, 2017
| PDF · Subscribers | |
Second Report of Receiver March 14, 2017
| PDF · Subscribers | |
First Report of Receiver November 22, 2016
| PDF · Subscribers | |
Receivership Order August 4, 2016
| 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., “1926378 Alberta Ltd. & Sprockit Apps Inc.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 4 November 2026, https://proceedings.ca/case/1926378-alberta-ltd-sprockit-apps-inc