Prince Edward Island · NOI
Third Report of the Proposal Trustee
Court officer report · 4 March 2025
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 filing5 verified
- cash on handnote: Bank of Montreal Account – 34,870; Credit Union Account (frozen) – ($274,541); Credit Union Account (new) – $8,882; DIP Loan – ($50,000) · as at: 2025-02-10 · currency: CAD
- operational summaryThe Company continues to operate in the ordinary course, paying post-filing creditors, while awaiting a real property appraisal and CRA payroll audit results needed to finalize a viable proposal.
- receipts cumulativenote: Actual cumulative receipts for weeks 1 to 13 (Nov 12 – Feb 10) · since: Nov 12, 2024 · amount: 975683 · currency: CAD
- report date4 March 2025
- report noThird Report