Alberta · Proposal

Notice to Creditors dated March 23, 2023

Notice to creditors · 23 March 2023

AI summary

A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.

What we verified from this filing1 verified

financial positionnote: Statement of affairs is dated 22 March 2023 (declaration date), prepared as showing the state of affairs on the date of bankruptcy (21 March 2023). Total liabilities of 7,816,730.47 = unsecured creditors 3,221,426.90 + balance of secured claims 2,836,795.30 + secured creditors 1,758,508.27; preferred creditors and contingent/trust claims are 0.00. Stated deficiency 6,058,222.20; surplus NIL. Assets: cash 1,715,508.27, accounts receivable (good) 23,000.00, vehicles 20,000.00; inventory, fixtures, machinery, real property, securities all 0.00. · as at: 2023-03-21 · basis: Statement of Affairs (Form 78, Amended, UNSIGNED), liabilities and assets 'as stated and estimated by the officer' · scope: Single entity: 1984638 Ontario Inc. (formerly Digitcom Telecommunications Inc.) · currency: CAD · total assets: 1758508.27 · total liabilities: 7816730.47