Halucenex Life Sciences Incorporated

Halucenex Life Sciences Incorporated is in bankruptcy in Nova Scotia under file no. 45805, having made an assignment under section 49 of the Bankruptcy and Insolvency Act on May 28, 2024, with BDO Canada Limited as trustee. The Statement of Affairs, prepared from the company's internal records and not audited, reviewed or otherwise verified by BDO, puts total liabilities at $3,172,123 against assets with an estimated net realization value of $127,781, leaving a stated deficiency to unsecured creditors of $3,044,343. Net book values as at April 30, 2024 were disclosed at $325,527. The trustee is not aware of any secured claims against the company, and adjudication of the proofs of claim being advanced by creditors has not been completed. The proceeding remains active.