Pika Technologies Inc.
Follow- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 33-2834977
Pika Technologies Inc. made an assignment in bankruptcy on May 31, 2022 under the Bankruptcy and Insolvency Act, section 67(b), with MNP LTD. acting as Licensed Insolvency Trustee of the Ontario estate under file 33-2834977. The debtor's sworn Statement of Affairs of the same date put assets at $61,941.00 against liabilities of $771,027.52, an apparent deficit of $709,526.52. The trustee's estimated realization and projected distribution assigns $458,933.75 to the holder of a general security agreement, $20,975.60 to preferred claimants and $291,118.17 to unsecured creditors, with estimated realization to unsecured creditors of 0% and a dividend stated at 0%. One proof of claim has been received and entered in the claims register. The estate remains active.
Meeting of creditors in the estate, carried at the May 31, 2022 assignment date, with MNP LTD. acting as Licensed Insolvency Trustee.
Source: Creditors Package
Second court officer report of the same date, fixing the commencement of the proceedings at 16:27 on May 31, 2022.
Source: Certificate of Appointment
1 earlier update, back to 31 May 2022 — subscribers.
Debtor
Pika Technologies Inc.
Trustee in bankruptcy
MNP
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Unnamed secured creditor (GSA holder, per Statement of Affairs) · in 5 casesGeneral Security Agreement (GSA) — Debtor's Sworn Statement of Affairs dated May 31, 2022 listed secured liabilities at $61,501.00; LIT's estimated realization figure of $458,933.75 is used as the reported secured amount from the trustee's own estimate table. — debtor: Pika Technologies Inc. · as of 31 May 2022 | $459K | Trustee Preliminary Report |
Unsecured creditors: no distribution.EstimatedTrustee Preliminary Report · 21 Jun 2022
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Unsecured | — | — | no distribution | Estimatedper the trustee | Trustee Preliminary Report · 21 Jun 2022 |
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.
The debtor’s own statement of its total assets and liabilities at filing is in the record — Subscribers
| Date | Document | File |
|---|---|---|
Trustee Preliminary Report
| PDF · Subscribers | |
Notice of Fist Meeting of Creditors
| PDF · Subscribers | |
Certificate of Appointment
| PDF · Subscribers | |
Creditors Package
| PDF · Subscribers | |
Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.
CiteProceedings., “Pika Technologies Inc.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/pika-technologies-inc