Alberta · NOI
First Report of the Proposal Trustee
Court officer report · 9 January 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 filing2 verified
- financial positionnote: Liabilities include $1,996,597 intercompany payables and a Loan total of $4,086,244 (comprising the $735,000 secured Thomas Pride, LP promissory note plus unsecured promissory notes and accrued interest owed to various individuals and corporations) · page: 8 · as at: NOI Filing Dates · basis: unaudited financial information relied upon by the Proposal Trustee, not audited, reviewed or verified · scope: Combined entity-level statement for the six filing entities (DECI, Meadowvale Doggy Care Inc., Burlington Doggy Care Inc., Brampton Doggy Care Inc., DECI Downtown Doggy Care Inc. (Calgary), ECDC Erindale Inc.), presented individually with a Total column · currency: CAD · total assets: 2769031 · total liabilities: 6967472
- secured creditorsnote: Related party — Thomas Pride, LP is a shareholder of DECI and also the proposed DIP Lender in these proceedings · page: 9 · as of: NOI Filing Dates · amount: 735000 · debtor: Dogtopia Enterprises Canada Inc. (DECI) · creditor: Thomas Pride, LP · currency: CAD · security: Secured promissory note, guaranteed by Meadowvale Doggy Care Inc. and Burlington Doggy Care Inc.