Scytl Canada Inc

Scytl Canada Inc entered bankruptcy in Ontario on April 4, 2024, with MNP Ltd. as trustee under estate number 35-3064106, on a statutory basis of section 67(b) of the Bankruptcy and Insolvency Act. The proceeding remains active. The trustee states there are no secured creditors it is aware of, and deemed trust and preferred claims per the Statement of Affairs are nil. Liabilities to unsecured creditors are reported at $1,561,857 in the Statement of Affairs, against which proofs of claim filed to date total $438,095. The company held $56,225.04 in cash at the date of bankruptcy, together with accounts receivable of approximately $40,000 from arm's-length customers and an approximately $15,000 receivable from related party SOE Software Corporation.