Ontario · NOI

Proposal Trustee's First Report to Court dated September 28, 2020

Court officer report · 28 September 2020

What we verified from this filing1 verified

financial positionnote: Figures reported in ($000's). No value has been attributed to the Company's litigation claim against PGH (Hotel X) in the asset summary; liabilities exclude any litigation claims. Liabilities include related-party items: Shareholder loans $1,603K and Related party loans $4,175K (related party); trade payables also include $1,140K owed to related parties. Taxes payable of $109K includes amounts the Company is appealing. · page: 3 · as at: 2020-09-25 · basis: Unaudited financial information prepared by the Company; not audited, reviewed or verified by the Proposal Trustee · scope: 2505243 Ontario Limited (entity only) · currency: CAD · total assets: 8372000 · total liabilities: 10414000