Kaltee Restoration Services Inc.

Kaltee Restoration Services Inc., an Alberta company, is in bankruptcy under the BIA, with Grant Thornton Limited appointed. The Statement of Affairs (Form 78), as stated and estimated by officer Khalid Saleh as at September 8, 2015, reports total assets of $299,000 against total liabilities of $403,717.03 and a deficiency of $104,717.03. Secured claims total $209,178.00 and unsecured claims $194,539.03, with preferred creditors and contingent liabilities nil. The largest secured claim is a $150,822.00 balance owed to related party 1618093 Alberta Inc., secured on accounts receivable and capital assets. Unsecured claims include wage-related claims of $18,898.91 and $17,883.10 advanced through the Employment Standards Office, $25,201.00 owed to Khalid Saleh, $20,000.00 claimed by Cordell and Rachel Skinner, and $7,447.50 to the Workers' Compensation Board of Alberta. The proceeding is active.