MBoutique Inc.

MBoutique Inc. became bankrupt on November 30, 2022 in Ontario under the Bankruptcy and Insolvency Act, with MNP Ltd. acting as Licensed Insolvency Trustee under court file no. 31-2889543. The Statement of Affairs dated November 29, 2022 puts total assets at $500 — the primary asset being cash on deposit of approximately $500.00 at the date of bankruptcy — against total liabilities of $602,241, comprising nil secured, $287,847 preferred, $314,394 unsecured and nil contingent. A PPSA search dated October 26, 2022 revealed no secured liabilities or liens registered against MBoutique. No creditor claims had been filed as of December 14, 2022. The estate remains active.