Beerlicious Inc.

Beerlicious Inc. became bankrupt under the BIA on April 13, 2026, and the estate remains active. The Statement of Affairs (Form 78), on amounts stated and estimated by the bankrupt as at that date, reports total assets of $8,087.13 against total liabilities of $2,007,361.26, a deficiency of $1,999,274.13. Liabilities comprise $12.95 secured, nil preferred or priority, $1,925,547.61 unsecured, and $81,800.70 in contingent, trust and other liabilities, being a contingent claim of Highbell Group Inc. A Scotiabank claim of $451,365.00 dated January 1, 2024 is bifurcated into $12.95 secured and $451,352.05 unsecured, reflecting a shortfall in security value. A PPSA search lists the Bank of Nova Scotia for a secured bank loan; that debt has been purchased by another creditor and filed as unsecured, no assets being available for it to attach to. As of April 30, 2026, proven and filed secured claims are nil.