Health Myself Innovations Inc.
Follow- Proceeding
- NOISections 50.6, 64.1, 64.2, and 183 of the Bankruptcy and Insolvency Act
- File
- 500-11-060355-217
Health Myself Innovations Inc., together with ChronoMétriq Inc., filed a notice of intention under the Bankruptcy and Insolvency Act on October 26, 2021, before the Superior Court of Québec, under court files 500-11-060355-217 and 500-11-060356-215. Richter Advisory Group Inc. is named as licensed insolvency trustee. The Canadian Imperial Bank of Commerce holds a secured claim of $2,923,724, having entered a forbearance agreement and DIP facility on October 22, 2021. Unsecured claims include $3,181,454 owed to the Canada Revenue Agency for deductions at source and approximately $1,542,420 in trade creditors. The matter remains active.
Order authorizing and approving interim financing, an administration charge, a sale and investment solicitation process, a directors and officers charge, a key employee retention program, procedural consolidation of the estates, and other relief. – dated October 27, 20211 was filed.
First Report of the Trustee on the state of Petitioners’ business and financial affairs – dated October 27, 2021 — Court officer report
Motion for the Issuance of an Order authorizing and approving interim financing, a sale and investment solicitation process, an administrative charge, a directors and officers charge, a key employee retention program, procedural consolidtation of the estates, and other relief – dated October 26, 2021 was filed. Court file 500-11-060355-217.
Health Myself Innovations Inc. filed its notice of intention under the Bankruptcy and Insolvency Act on October 26, 2021, commencing the proceeding.
Source: Certificate of filing of a Notice of Intention to Make a Proposal – dated October 26, 2021
Certificate of filing of a Notice of Intention to Make a Proposal (procedural consolidation) – dated October 26, 2021 — NOI certificate of filing
Debtor
Health Myself Innovations Inc.
Proposal trustee
Richter
Bench
| Judge | Court | On this docket | Cases on record |
|---|---|---|---|
| Justice Castonguay | Superior Court of Québec | 2 orders, Oct 2021 | 24 cases on record |
Counsel of record
| Party | Counsel | First seen | Source |
|---|---|---|---|
| Proposal trusteeRichter | McCarthy Tétrault LLP | 28 Oct 2021 | Service list · 28 Oct 2021 |
| DebtorHealth Myself Innovations Inc. | Miller Thomson LLP | 28 Oct 2021 | Service list · 28 Oct 2021 |
| CreditorCanadian Imperial Bank of Commerce | Chaitons LLP | 28 Oct 2021 | Service list · 28 Oct 2021 |
| CreditorFull In Partners | Stikeman Elliott LLP | 28 Oct 2021 | Service list · 28 Oct 2021 |
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | Secured | Canadian Imperial Bank of Commerce (CIBC) · in 67 casesas of NOI filing date — First ranking charge on the universality of the Debtors' assets — Subject to full security review to be performed by Proposal Trustee; notice of default and demand letter issued prior to NOI filing; forbearance agreement and DIP Facility entered into October 22, 2021 — debtor: ChronoMétriq Inc. / Health Myself Innovations Inc. (combined) | $2.92M | First Report of the Trustee on the state of Petitioners’ business and financial affairs – dated October 27, 2021 |
| 4 | Secured | Investissement Québec (IQ) · in 99 casesas of NOI filing date — Charge on universality of the Debtors' assets, ranks behind CIBC but pari-passu with BDC — Subject to full security review to be performed by Proposal Trustee — debtor: ChronoMétriq Inc. / Health Myself Innovations Inc. (combined) | $139K | First Report of the Trustee on the state of Petitioners’ business and financial affairs – dated October 27, 2021 |
| 4 | Secured | Business Development Bank of Canada (BDC) · in 241 casesas of NOI filing date — Charge on universality of the Debtors' assets, ranks behind CIBC but pari-passu with IQ — Subject to full security review to be performed by Proposal Trustee — debtor: ChronoMétriq Inc. / Health Myself Innovations Inc. (combined) | $131K | First Report of the Trustee on the state of Petitioners’ business and financial affairs – dated October 27, 2021 |
| 8 | Unsecured | Canada Revenue Agency / tax authorities (deductions at source)as of NOI filing date — Unremitted employee and employer portions of deductions at source relating to period starting 2019 through May 2021; deemed trust class — debtor: ChronoMétriq Inc. / Health Myself Innovations Inc. (combined) | $3.18M | First Report of the Trustee on the state of Petitioners’ business and financial affairs – dated October 27, 2021 |
| 8 | Unsecured | Trade creditors (aggregate as reported) · in 11 casesas of NOI filing date — Approximate amount; document names no individual creditors — debtor: ChronoMétriq Inc. / Health Myself Innovations Inc. (combined) | $1.54M | First Report of the Trustee on the state of Petitioners’ business and financial affairs – dated October 27, 2021 |
| 8 | Unsecured | Other liabilities (earn outs, shareholder loan, convertible debentures, deferred revenue) (aggregate as reported) · in 2 casesas of NOI filing date — Approximate amount consisting of multiple categories including shareholder loan (related party component possible); document names no individual creditors — debtor: ChronoMétriq Inc. / Health Myself Innovations Inc. (combined) | $742K | First Report of the Trustee on the state of Petitioners’ business and financial affairs – dated October 27, 2021 |
| 8 | Unsecured | Employee performance bonuses (fiscal year ended June 30, 2021)as of NOI filing date — debtor: ChronoMétriq Inc. / Health Myself Innovations Inc. (combined) | $473K | First Report of the Trustee on the state of Petitioners’ business and financial affairs – dated October 27, 2021 |
| 8 | Unsecured | Employee severance paymentas of NOI filing date — debtor: ChronoMétriq Inc. / Health Myself Innovations Inc. (combined) | $50K | First Report of the Trustee on the state of Petitioners’ business and financial affairs – dated October 27, 2021 |
| 8 | Unsecured | Employee vacation pay (accrued, aggregate as reported)as of NOI filing date — Estimated accrued liability; no formal estimate normally recorded due to unlimited vacation policy — debtor: ChronoMétriq Inc. / Health Myself Innovations Inc. (combined) | $17.3K | First Report of the Trustee on the state of Petitioners’ business and financial affairs – dated October 27, 2021 |
Sale process approved — SISP to be launched to sell the Companies on a going concern basisFirst Report of the Trustee on the state of Petitioners’ business and… · 27 Oct 2021
| Date | Document | File |
|---|---|---|
Service List – dated October 28, 2021
| ||
First Report of the Trustee on the state of Petitioners’ business and financial affairs – dated October 27, 2021
| ||
Minutes from court hearing (french version only) – dated October 27, 21
| ||
Order authorizing and approving interim financing, an administration charge, a sale and investment solicitation process, a directors and officers charge, a key employee retention program, procedural consolidation of the estates, and other relief. – dated October 27, 20211
| ||
Certificate of filing of a Notice of Intention to Make a Proposal (procedural consolidation) – dated October 26, 2021
| ||
Certificate of filing of a Notice of Intention to Make a Proposal – dated October 26, 2021
| ||
Motion for the Issuance of an Order authorizing and approving interim financing, a sale and investment solicitation process, an administrative charge, a directors and officers charge, a key employee retention program, procedural consolidtation of the estates, and other relief – dated October 26, 2021
| ||
Filing titles, dates, and extracted key facts are public.
CiteProceedings., “Health Myself Innovations Inc.” (NOI), Superior Court of Québec. Retrieved 20 September 2026, https://proceedings.ca/case/health-myself-innovations-inc