Sigmadek Ltd.
Follow- Proceeding
- BankruptcySection 49 of the Act
Sigmadek Ltd. is in bankruptcy under the Bankruptcy and Insolvency Act in Alberta, with B. Riley Farber Inc. as licensed trustee, following filings on June 9, 2023. The Statement of Affairs (Form 78) as at June 9, 2023 puts total assets at $15,087.90 against total liabilities of $2,926,590.75, a deficiency of $2,911,502.85, with no surplus, no preferred creditors and no contingent liabilities. Secured claims include Investissement Québec at $558,754.95 and Québec EDC, whose $1,101,388.80 claim leaves a $1,086,302.90 balance net of estimated security value, both secured since April 15, 2015 over receivables, patents, insurance refunds and cash; HSBC Bank Canada and RBC Royal Bank are each listed at $1.00. The largest unsecured claims are CRA at $671,540.87, the Government of Alberta at $353,379.00 for an Alberta reassessment, and Agence du revenu du Québec at $133,639.00. The proceeding remains active.
Court officer report recorded that Sigmadek Ltd. made an Assignment for the General Benefit of Creditors on June 14, 2023.
Source: Trustee’s Preliminary Report
3 earlier updates, back to 9 June 2023 — subscribers.
Debtor
Sigmadek Ltd.
Trustee in bankruptcy
GlassRatner
| Priority class | Creditor | Amount | Source |
|---|---|---|---|
| Secured | Quebec EDCOther - Patents; Debts Due - Business - Refund - Insurance; Cash on Hand; Debts Due - Business - Accounts Receivable; security given 15-Apr-2015; amount of claim $1,101,388.80 — Balance of claim (net of estimated security value) is $1,086,302.90; amount of claim as listed is $1,101,388.80 — debtor: Sigmadek Ltd. · as of 9 Jun 2023 | $1.09M | Statement of Affairs |
Unsecured creditors: no distribution.EstimatedTrustee’s Preliminary Report · 14 Jun 2023
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | EDC and Investment Quebec | — | shortfall | Estimatedper the trustee | Trustee’s Preliminary Report · 14 Jun 2023 |
| Preferred | preferred or unsecured creditors | — | no distribution | Estimatedper the trustee | Trustee’s Preliminary Report · 14 Jun 2023 |
| Unsecured | — | — | no distribution | Estimatedper the trustee | Trustee’s Preliminary Report · 14 Jun 2023 |
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 |
|---|---|---|
Minutes of the First Meeting of Creditors
| PDF · Subscribers | |
| Creditors Package | PDF · Subscribers | |
| Certificate of Appointment | PDF · Subscribers | |
Trustee’s Preliminary Report
| PDF · Subscribers | |
Assignment
| PDF · Subscribers | |
Statement of Affairs
| 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., “Sigmadek Ltd.” (Bankruptcy). Retrieved 20 September 2026, https://proceedings.ca/case/sigmadek-ltd