NSEM Management Inc., Presidential Suites Inc., and Waterfront Developments Inc.

NSEM Management Inc., Presidential Suites Inc. and Waterfront Developments Inc. have been in bankruptcy in Alberta since August 8, 2017, on the application of Daniel James Heatley, with Grant Thornton Limited as trustee in bankruptcy under the Bankruptcy and Insolvency Act. The proceedings are recorded under court file numbers 094734 and 094736 and remain active. The Statement of Affairs (Business Bankruptcy) for NSEM Management Inc. alone, as at August 8, 2017 and as stated and estimated by the officer, shows no assets and total liabilities of CAD 5,804,020.23, consisting entirely of unsecured claims, with no secured, preferred or contingent and trust claims listed. The deficiency equals total liabilities. List "A" identifies Heatley, care of Cassels Brock & Blackwell LLP, as unsecured creditor for CAD 5,804,020.23.