Ontario · Receivership (court-appointed)

4) Notice and Statement of Receiver - 2544924 Ontario Inc.

Notice of receiver (s. 245 / Form 87) · 11 December 2023

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financial positionnote: Only asset-side figures (Cash, Inventory, Intangible Assets, Due from Shareholder, Due from Related Parties, Property Plant and Equipment) are stated; no liabilities are disclosed on these pages. · page: 1 · as at: 2022-12-31 · basis: Net Book Value based on most recent financial information as at December 31, 2022 · scope: 2544924 Ontario Inc. (entity level) · currency: CAD · total assets: 6652115
secured creditorsnote: Same figure ($850,000) reported both in Form 87 notice (page 2) and Schedule 'A' (page 3). Combination of individuals and a related company; possible related-party creditor not explicitly characterized in document. · page: 2 · amount: 850000 · debtor: 2544924 Ontario Inc. · creditor: Ajit Singh, Gurdev Kaur & 2643692 Ontario Inc. · currency: CAD · security: Security over the Property (assets, undertakings and properties) of 2544924 Ontario Inc.
secured creditorsnote: Form 87 notice (para 4, page 2) states a rounded amount of $12,750,000; Schedule 'A' List of Creditors (page 3) states the exact balance of $12,027,241.12, used here. · page: 3 · amount: 12027241.12 · debtor: 2544924 Ontario Inc. · creditor: Tandia Financial Credit Union Limited · currency: CAD · security: Security over the Property (assets, undertakings and properties) of 2544924 Ontario Inc.
unsecured creditorspage: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · amount: 1271.38 · debtor: 2544924 Ontario Inc. · creditor: Agropur · currency: CAD
unsecured creditorsnote: Balance stated as <unknown> · page: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · debtor: 2544924 Ontario Inc. · creditor: Arctic Glacier Canada Inc · currency: CAD
unsecured creditorspage: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · amount: 261.95 · debtor: 2544924 Ontario Inc. · creditor: Baxter Kitchens · currency: CAD
unsecured creditorsnote: Balance stated as <unknown> · page: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · debtor: 2544924 Ontario Inc. · creditor: Bell Canada · currency: CAD
unsecured creditorsnote: Balance stated as <unknown> · page: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · debtor: 2544924 Ontario Inc. · creditor: Bell Mobility · currency: CAD
unsecured creditorspage: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · amount: 73981.36 · debtor: 2544924 Ontario Inc. · creditor: Benns Point Distribution · currency: CAD
unsecured creditorsnote: Deemed-trust class claim (HST); balance stated as <unknown> · page: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · debtor: 2544924 Ontario Inc. · creditor: Canada Revenue Agency - HST · currency: CAD
unsecured creditorspage: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · amount: 18.03 · debtor: 2544924 Ontario Inc. · creditor: Canadian Tire · currency: CAD
unsecured creditorsnote: Balance stated as <unknown> · page: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · debtor: 2544924 Ontario Inc. · creditor: CINTAS CANADA LIMITED · currency: CAD
unsecured creditorspage: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · amount: 285 · debtor: 2544924 Ontario Inc. · creditor: City of Belleville · currency: CAD
unsecured creditorspage: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · amount: 4373.98 · debtor: 2544924 Ontario Inc. · creditor: Coca Cola · currency: CAD
unsecured creditorspage: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · amount: 428.27 · debtor: 2544924 Ontario Inc. · creditor: Competition Motors · currency: CAD
unsecured creditorsnote: Balance stated as <unknown>; wage claims may carry BIA preference but document does not so designate · page: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · debtor: 2544924 Ontario Inc. · creditor: Employees - unpaid wages · currency: CAD
unsecured creditorsnote: Balance stated as <unknown> · page: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · debtor: 2544924 Ontario Inc. · creditor: Enbridge · currency: CAD
unsecured creditorspage: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · amount: 1042.99 · debtor: 2544924 Ontario Inc. · creditor: Frito Lay Canada div of Pepsi · currency: CAD
unsecured creditorspage: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · amount: 1855.04 · debtor: 2544924 Ontario Inc. · creditor: Gordon Food Service Canada Ltd · currency: CAD
unsecured creditorspage: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · amount: 151.26 · debtor: 2544924 Ontario Inc. · creditor: Home Depot · currency: CAD
unsecured creditorspage: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · amount: 6293.34 · debtor: 2544924 Ontario Inc. · creditor: Hydro One · currency: CAD
unsecured creditorsnote: Balance stated as <unknown> · page: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · debtor: 2544924 Ontario Inc. · creditor: Imperial Tobacco Canada · currency: CAD
unsecured creditorsnote: Balance stated as <unknown> · page: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · debtor: 2544924 Ontario Inc. · creditor: Jack's Links · currency: CAD
unsecured creditorspage: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · amount: 1016.4 · debtor: 2544924 Ontario Inc. · creditor: Maple Dale Cheese · currency: CAD
unsecured creditorsnote: Balance stated as <unknown> · page: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · debtor: 2544924 Ontario Inc. · creditor: MapArt Publishing Corporation · currency: CAD
unsecured creditorspage: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · amount: 627.8 · debtor: 2544924 Ontario Inc. · creditor: Matrix Foods Inc. · currency: CAD
unsecured creditorspage: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · amount: 305.1 · debtor: 2544924 Ontario Inc. · creditor: McKillop & Associates · currency: CAD
unsecured creditorspage: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · amount: 721.78 · debtor: 2544924 Ontario Inc. · creditor: Minimelts the Ice Cream Dream · currency: CAD
unsecured creditorspage: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · amount: 744.3 · debtor: 2544924 Ontario Inc. · creditor: Old Dutch Foods Ltd. · currency: CAD
unsecured creditorsnote: Balance stated as <unknown> · page: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · debtor: 2544924 Ontario Inc. · creditor: Ontario Lottery & Gaming Corporation · currency: CAD
unsecured creditorspage: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · amount: 135.6 · debtor: 2544924 Ontario Inc. · creditor: Orkin · currency: CAD
unsecured creditorspage: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · amount: 1250.27 · debtor: 2544924 Ontario Inc. · creditor: PAB Wholesale Inc. · currency: CAD
unsecured creditorsnote: Balance stated as <unknown> · page: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · debtor: 2544924 Ontario Inc. · creditor: Parkland Corporation · currency: CAD
unsecured creditorspage: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · amount: 2895.91 · debtor: 2544924 Ontario Inc. · creditor: Core Mark · currency: CAD
unsecured creditorspage: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · amount: 987.51 · debtor: 2544924 Ontario Inc. · creditor: PowerBev · currency: CAD
unsecured creditorsnote: Balance stated as <unknown> · page: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · debtor: 2544924 Ontario Inc. · creditor: Red Bull Canada Ltd · currency: CAD
unsecured creditorsnote: Balance stated as <unknown> · page: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · debtor: 2544924 Ontario Inc. · creditor: Second Cup · currency: CAD
unsecured creditorspage: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · amount: 608.66 · debtor: 2544924 Ontario Inc. · creditor: Vomar Industries o/a Tank Traders · currency: CAD
unsecured creditorspage: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · amount: 2845.04 · debtor: 2544924 Ontario Inc. · creditor: PepsiCo · currency: CAD
unsecured creditorsnote: Balance stated as <unknown> in the List of Creditors · page: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · debtor: 2544924 Ontario Inc. · creditor: 2201910 Ontario Inc. o/s Wonder Brands · currency: CAD
unsecured creditorsnote: Balance stated as <unknown> · page: 3 · basis: List of Creditors (Schedule 'A') as reported by Receiver · debtor: 2544924 Ontario Inc. · creditor: ADT by Telus · currency: CAD