Untether Technologies Inc. and Untether Capital Inc.
Follow- Proceeding
- Bankruptcysection 49 of the Bankruptcy and Insolvency Act
- File
- 31-3147139
Untether Technologies Inc. and Untether Capital Inc. are in bankruptcy under the Bankruptcy and Insolvency Act in Ontario, with MNP LTD / MNP LTÉE acting as trustee. The bankruptcy took effect on July 23, 2026 at 09:54 and is carried under court file number 31-3147113. The statutory basis cited for the proceeding is section 49 of the Act and Rule 85. A court officer report filed on the commencement date fixes the date and time of bankruptcy. The proceeding remains active.
Certificate of Appointment - Untether Technologies Inc was filed. Court file 31-3147139.
Source: Certificate of Appointment - Untether Technologies Inc.
Filing brief
Fleets Coffee: the trucks are gone, and a 2020 cheque sits in trust
Untether Capital and Untether Technologies, which ran mobile cafés as Fleets Coffee, assigned into bankruptcy on July 23, 2026, after defaulting on a joint proposal that rested on selling five coffee trucks. Capital's one listed asset is $339,222.20 from a June 2020 cheque that ISTC told the proposal trustee was issued in error, MNP reports.
Debtor
Untether Technologies Inc. and Untether Capital Inc.
Trustee in bankruptcy
MNP
| # | Priority class | Creditor | Amount | Source |
|---|---|---|---|---|
| 3 | Deemed trusts (CRA and other) | CRA - Tax (Ontario Shawinigan-Sud National Verification and Collection Centre) - Other source deductions · in 5 casesOther source deductions taxes. Preferred claim per Form 78 preferred column (decoded from font-garbled text as 314,278.00, which equals the total preferred column). Deemed-trust class. Decoded from garbled text; partly certain. — debtor: Untether Capital Inc. · as of 22 Jul 2026 | $314K | Notice to Creditors - Untether Capital Inc. |
| 4 | Secured | |||
| 4 | Secured | |||
| 7 | Preferred (BIA s. 136) | |||
| 8 | Unsecured |
4 more claims in 3 classes The stack holds Deemed trusts (CRA and other), Secured, Preferred (BIA s. 136) and Unsecured claims.
Every creditor and every amount, drawn to scale.
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See all plansSecured creditors: shortfall.EstimatedTrustee's Preliminary Report · 10 Aug 2026
| Class | Creditor | Claims | Recovery | Basis | Source |
|---|---|---|---|---|---|
| Secured | — | — | shortfallconditional | Estimatedper the trustee | Trustee's Preliminary Report · 10 Aug 2026 |
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.
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See all plans| Date | Document | File |
|---|---|---|
Untether Capital - FMOC Minutes
| PDF · Subscribers | |
Untether Technologies Inc. - FMOC Minutes
| PDF · Subscribers | |
Trustee's Preliminary Report
| PDF · Subscribers | |
| Affidavit of Mailing - Untether Capital Inc. | PDF · Subscribers | |
| Affidavit of Mailing - Untether Technologies Inc. | PDF · Subscribers | |
Newspaper Ad re: Notice to Creditors - Untether Capital Inc.
| PDF · Subscribers | |
Newspaper Ad re: Notice to Creditors - Untether Technologies Inc.
| PDF · Subscribers | |
Notice to Creditors - Untether Capital Inc.
| PDF · Subscribers | |
Notice to Creditors - Untether Technologies Inc.
| PDF · Subscribers | |
Certificate of Appointment - Untether Capital Inc.
| PDF · Subscribers | |
Certificate of Appointment - Untether Technologies Inc.
| 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., “Untether Technologies Inc. and Untether Capital Inc.” (Bankruptcy). Retrieved 25 October 2026, https://proceedings.ca/case/untether