Natural MA Inc.

Natural MA Inc. became bankrupt on January 21, 2022 under the Bankruptcy and Insolvency Act, with BDO Canada Limited as trustee in bankruptcy under estate number 25-2798140. The Alberta company's Statement of Affairs, prepared as at January 20, 2022, records total assets of $5,386.03 against total liabilities of $1,293,307.55, leaving a reported deficiency of $1,287,921.52. No secured or preferred creditors are listed, so the entire debt load sits with unsecured claims. The largest by far is Jack Walker, at $1,168,000.00, with a further separate claim of $2,331.78. Also listed are Bank of Montreal CEBA loans of $40,000.00 and $20,000.00, Tom Wilk and the Dann Family Trust at $25,000.00 each, Fabio Rupp at $6,213.50, CRA at $5,715.55, Raymond & Company at $884.44 and Keith MacMillan at $162.28. The proceeding remains active.