Pika Technologies Inc.
- 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.
Certificate of Appointment was filed. Court file 33-2834977.
Source: Certificate of Appointment
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
Debtor
Pika Technologies Inc.
Trustee in bankruptcy
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 4 | 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 |
| 7 | Preferred (BIA s. 136) | |||
| 8 | Unsecured |
2 more claims in 2 classes The stack holds Secured, Preferred (BIA s. 136) and Unsecured claims.
Every creditor and every amount, drawn to scale.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plansUnsecured 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.
As at ·
The 2 totals the debtor stated at filing
Each one as the filing states it, with its source.
Card required. Nothing charged for 5 days. Cancel anytime.
Already a subscriber? Sign in.
See all plans| 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 4 November 2026, https://proceedings.ca/case/pika-technologies-inc