Ontario · NOI
Trustee’s Report on Proposal dated June 23, 2026
Court officer report · 23 June 2026
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 filing8 verified
- appointeeAlbert Gelman Inc.
- appointee roleTrustee
- commencement date12 June 2026
- court file no32-3372763
- provinceONTARIO
- statutory basisPart III Division I of the Bankruptcy and Insolvency Act
- financial positionnote: Asset components (book value / estimated realizable value per SOA): Cash in bank 166,164/166,164 (as at June 12, 2026); Petty cash 6,497/6,497; Accounts receivable 552,734/130,000; Vehicle 35,584/35,584; Computers and related equipment 13,895/13,895; Miscellaneous event equipment 3,051/3,051; Total 777,925/355,191. Liabilities per SOA (no total given): Secured 1 creditor $65,000; Preferred 0 creditors $0; Unsecured - arm's length 44 creditors $4,101,344; Unsecured - non arm's length 5 creditors $1,853,894. · basis: Book value (unaudited) as at May 31, 2026, except cash which is as at June 12, 2026; SOA also provides estimated realizable values · scope: Endo Networks Inc. (single entity, unaudited) · currency: CAD · total assets: 777925
- recovery outcomeentries: basis: liquidation_alternative · quote: In the event of the Company's bankruptcy, the Trustee estimates that there would be no distribution to unsecured creditors · pct of: unstated · outcome: nil · class key: unsecured · stated by: proposal_trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2026-06-12 · table missing: