Proceedings.

1926378 Alberta Ltd. & Sprockit Apps Inc.

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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
Filings held6
Last activity11 Dec 2020
On the record3,700 days
Secured debt$2.92M
OverviewSummary updated

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.

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Case updates6 dated entries
#Report

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

#Report

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.

Source: Third Report of Receiver November 16, 2017

#Order

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.

Source: Receivership Order August 4, 2016

Parties

Debtor

1926378 Alberta Ltd. & Sprockit Apps Inc.

Receiver

Deloitte

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredCanada ICI Capital Corporation · in 8 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.$2.92MFirst 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.

RecoveriesAs stated in the filings

Alberta Motor Association: $999K.Third Report of Receiver November 16, 2017 · 16 Nov 2017

ClassCreditorClaimsRecoveryBasisSource
SecuredAMA (plaintiff)Alberta Motor Association$999Kinterimper the receiverThird Report of Receiver November 16, 2017 · 16 Nov 2017
UnsecuredAlberta Motor Association$8.13MshortfallEstimatedper the receiverFourth 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.

Estate financialsReported figures — never derived

Cumulative receipts

$682K

As at 16 Nov 2017Third Report of Receiver November 16, 2017

Cumulative disbursements

$374K

As at 16 Nov 2017Third Report of Receiver November 16, 2017

Cash on hand

$1.18M

As at 16 Nov 2017Third Report of Receiver November 16, 2017

Professional fees to date

$162K

As at 16 Nov 2017Third Report of Receiver November 16, 2017

Documents6 filings
DateDocumentFile
Affidavit of Completion and Discharge of Receiver December 11, 2020PDF
Fourth and Final Report of Receiver September 14, 2020
  • Operational summary 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.
  • Recovery outcome Entries: per estimated · Table missing:
  • Report date 14 September 2020
  • Report no Fourth and Final Report of the Receiver
PDF
Third Report of Receiver November 16, 2017
  • Cash on hand $1.18M · Note: Total estate balance across Sprockit, 1926378 and Bennett Jones Trust Account per Proposed Interim Distribution Schedule as at September 6, 2017 · As at: 2017-09-06
  • Disbursements $374K · Note: Total Disbursements figure stated in the Proposed Interim Distribution Schedule · Since: as at September 6, 2017 (Proposed Interim Distribution Schedule)
  • Operational summary 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.
  • Professional fees $162K · Note: Excludes GST on Receiver's Fees of $8,079.68; report also separately discloses Legal Fees of $6,494.63 to Bennett Jones LLP and Accounting Services of $4,700.00 · Party: Receiver (Deloitte Restructuring Inc.)
  • + 4 more extracted facts
PDF
Second Report of Receiver March 14, 2017PDF
First Report of Receiver November 22, 2016
  • Secured creditors $2.92M · Note: 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 · Page: 2 · Debtor: 1926378 Alberta Ltd. · Creditor: Canada ICI Capital Corporation · Security: Mortgage 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
PDF
Receivership Order August 4, 2016
  • Applicant Alberta Motor Association
  • Appointee Deloitte Restructuring Inc.
  • Appointee role Receiver
  • Commencement date 4 August 2016
  • + 4 more extracted facts
PDF

Filing titles, dates, and extracted key facts are public.

CiteProceedings., “1926378 Alberta Ltd. & Sprockit Apps Inc.” (Receivership (court-appointed)), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/1926378-alberta-ltd-sprockit-apps-inc

Sources last checked · summary updated 19 August 2026 · Report a correction · Printed from proceedings.ca/case/1926378-alberta-ltd-sprockit-apps-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.