Proceedings.

Metalboss Technologies Inc.

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Active
Proceeding
NOIsubsection 50.4(1) of the Bankruptcy and Insolvency Act
File
24-115926
Filings held9
Last activity8 Mar 2018
On the record3,168 days
OverviewSummary updated

Metalboss Technologies Inc. has been in insolvency proceedings since January 18, 2018, and the matter remains active. Two secured creditors rank against the company. Servus Credit Union Ltd. holds the first and senior secured position, with the amount owing stated to be greatly in excess of the realizable value of Metalboss's assets; $150,000.00 is held in trust for release to the trustee, and a further $300,000.00, described as monies from the SecureFlow sale, has been partially paid to Servus. MetalBoss Holdings Inc., the sole shareholder holding 100% of the voting shares, ranks second under a general security agreement over all present and after-acquired personal property, and its claim is likewise stated to exceed the realizable value of the assets.

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Case updates9 dated entries
#Report

The officer filed report no. First Report. The Company had ceased operations in mid-December 2017 with all staff laid off, and Management, with the Trustee's oversight, undertook an orderly liquidation of physical assets and intellectual property before vacating the leased premises.

Source: Trustee's First Report Filed March 8, 2018.pdf

6 earlier updates, back to 18 January 2018 subscribers.

Parties

Debtor

Metalboss Technologies Inc.

Proposal trustee

Doane Grant Thornton

Capital structureAs asserted in the filings
Priority classCreditorAmountSource
SecuredMetalBoss Holdings Inc.General security agreement over all present and after-acquired personal property of MB — Second secured creditor of MB; related party (sole shareholder of MB, holding 100% voting shares). Amount owing stated to be greatly in excess of realizable value of MB's assets, exact balance not stated. — debtor: Metalboss Technologies Inc.Unfiled Affidavit of John Andrew Wolthuis.pdf

“not stated” means the record names the claim without a figure; “” means not in the extracted record.

1 more claim across lower-ranking classesSubscribe to view
RecoveriesAs stated in the filings

Unsecured creditors: no distribution.EstimatedTrustee's First Report Filed March 8, 2018.pdf · 8 Mar 2018

ClassCreditorClaimsRecoveryBasisSource
Unsecuredno distributionconditionalEstimatedper the trusteeTrustee's First Report Filed March 8, 2018.pdf · 8 Mar 2018

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

Documents
9 filings
DateDocumentFile
Affidavit of A Wolthuis Filed March 8, 2018.pdfPDF · Subscribers
Application Materials Filed March 8, 2018.pdfPDF · Subscribers
Trustee's First Report Filed March 8, 2018.pdf
  • Operational summary The Company had ceased operations in mid-December 2017 with all staff laid off, and Management, with the Trustee's oversight, undertook an orderly liquidation of physical assets and intellectual property before vacating the leased premises.
  • Cash on hand · Disbursements · Financial position Subscribers
  • + 5 more extracted facts
PDF · Subscribers
Unfiled Affidavit of John Andrew Wolthuis.pdf
  • Applicant GRANT THORNTON LIMITED in its capacity as Trustee of METALBOSS TECHNOLOGIES INC.
  • Appointee Grant Thornton Limited
  • Appointee role Trustee
  • Commencement date 18 January 2018
  • + 6 more extracted facts
PDF · Subscribers
Notice of Bankruptcy, First Meeting of Creditors dated January 23, 2018.pdfPDF · Subscribers
Certificate of Appointment date January 18, 2018.pdf
  • Appointee GRANT THORNTON LIMITED
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 18 January 2018
  • Court file no 24-115926
  • + 1 more extracted fact
PDF · Subscribers
Statement of Affairs dated January 18, 2018.pdfPDF · Subscribers
Certificate of Appointment.pdf
  • Appointee GRANT THORNTON LIMITED
  • Appointee role Licensed Insolvency Trustee
  • Commencement date 18 December 2017
  • Court file no 24-115926
  • + 1 more extracted fact
PDF · Subscribers
Creditor List for NOI.pdfPDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Metalboss Technologies Inc.” (NOI), Court of King's Bench of Alberta. Retrieved 20 September 2026, https://proceedings.ca/case/metalboss-technologies-inc

Sources last checked · summary updated 5 September 2026 · Report a correction · Printed from proceedings.ca/case/metalboss-technologies-inc

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.