Alberta · Bankruptcy

Notice of Bankruptcy & Creditor Package

Notice to creditors · 16 June 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.

Summarize this filing · Subscribers

What we verified from this filing105 verified

financial positionnote: Total unsecured creditors (List A) 1,118,327.84; secured creditors (List B) 565,811.21; preferred (List C) 0.00; contingent/trust (List D) 0.00; total liabilities 1,684,139.05; total assets 1,763,000.00; surplus 78,860.95 (assets exceed liabilities; deficiency NIL). Date discrepancy: officer swore the statement of affairs as of the 11th day of May 2023 (matches 'Date of Insolvency: May 11, 2023' in the Notice of Stay); Form 78 preamble and List pages give 29 May 2023 as the assignment/'date of the bankruptcy'; Certificate of Appointment records date/time of bankruptcy as May 30, 2023, 09:14 with trustee appointment May 30, 2023. · page: 4 · as at: 2023-05-11 · basis: Statement of Affairs (Form 78, Business Bankruptcy) as stated and estimated by the officer; sworn · scope: Precision Giant Systems Inc. o/a Precision Scale (single entity) · currency: CAD · total assets: 1763000 · total liabilities: 1684139.05
unsecured creditorspage: 5 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 529.2 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Cleaning Network of Alberta Inc. · currency: CAD
unsecured creditorspage: 5 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 1665.63 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Cole International · currency: CAD
unsecured creditorspage: 5 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 1500 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Connected World Immigration & Visa Consulting · currency: CAD
unsecured creditorsnote: Deemed-trust class (quasi-governmental); nominal $1.00 placeholder amount as stated · page: 5 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 1 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Canada Revenue Agency · currency: CAD
unsecured creditorspage: 5 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 6232.55 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Canadian Linen and Uniform Service Corp. · currency: CAD
unsecured creditorspage: 5 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 540.28 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Adam Equipment Inc. · currency: CAD
unsecured creditorspage: 5 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 660.03 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Adtel Inc. · currency: CAD
unsecured creditorspage: 5 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 635.25 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Albera Association for Safety Partnerships · currency: CAD
unsecured creditorsnote: Disputed — handwritten margin annotation 'Refused to pay' on the filed list · page: 5 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 10395 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: AMFM Inc. · currency: CAD
unsecured creditorspage: 5 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 26296.17 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Anyload Weigh & Measure Inc. · currency: CAD
unsecured creditorsnote: Provincial tax/collections authority (quasi-governmental); nominal $1.00 placeholder amount as stated · page: 5 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 1 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: B.C. Ministry of Finance - Legal Collections Support · currency: CAD
unsecured creditorspage: 5 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 158.55 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Battery World (Edmonton) Inc. · currency: CAD
unsecured creditorspage: 5 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 774.97 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Blue Star Canada · currency: CAD
unsecured creditorsnote: Address in Canton OH, USA; amount stated in CAD (unsecured claim column) · page: 5 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 58889.84 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: B-TEK Scales, LLC · currency: CAD
unsecured creditorsnote: Listed as unsecured (List A) · page: 5 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 187310 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: BUSINESS DEVELOPMENT BANK OF CANADA · currency: CAD
unsecured creditorspage: 5 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 181.79 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Canalta Melfort · currency: CAD
unsecured creditorspage: 5 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 188.61 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Canalta Real Estate Services Ltd. · currency: CAD
unsecured creditorspage: 5 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 378 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Canon Canada Inc. · currency: CAD
unsecured creditorspage: 5 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 756 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Capital HR Solutions · currency: CAD
unsecured creditorspage: 5 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 1430.69 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Cardinal Scale · currency: CAD
unsecured creditorspage: 5 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 809.9 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Chem-Wipe Industries LTd. · currency: CAD
unsecured creditorsnote: Disputed — handwritten margin annotation 'CANCELLED contract' on the filed list · page: 5 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 14238 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Champion Performance Systems Inc. · currency: CAD
unsecured creditorspage: 6 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 537.25 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Freedom Ford Sales Limited · currency: CAD
unsecured creditorspage: 6 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 3225.6 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: High Speed Printing · currency: CAD
unsecured creditorspage: 6 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 4907.05 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Gregg Distributors Ltd. · currency: CAD
unsecured creditorspage: 6 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 145.95 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: General Metals Ltd. · currency: CAD
unsecured creditorspage: 6 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 3003.07 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Continental Chain & Rigging Ltd · currency: CAD
unsecured creditorspage: 6 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 100.23 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: David's Business Supplies Ltd. · currency: CAD
unsecured creditorspage: 6 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 52.38 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Digi-Key Electronics · currency: CAD
unsecured creditorsnote: Attn: Janet Kachmar · page: 6 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 1214.46 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: DIRECT ENERGY REGULATED SERVICES · currency: CAD
unsecured creditorspage: 6 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 2887.5 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Displayco Canada Inc. · currency: CAD
unsecured creditorspage: 6 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 113294.7 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Double H Ventures Ltd. · currency: CAD
unsecured creditorspage: 6 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 243.07 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Dunvegan Inn & Suites · currency: CAD
unsecured creditorspage: 6 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 11.37 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Edmonton Kenworth Ltd. · currency: CAD
unsecured creditorspage: 6 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 728.49 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Edmonton Nut & Bolt · currency: CAD
unsecured creditorspage: 6 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 197.64 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: EECOL Electric Inc. · currency: CAD
unsecured creditorspage: 6 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 616.72 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: EPCOR · currency: CAD
unsecured creditorspage: 6 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 13827.71 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Fairbanks Scales Inc. · currency: CAD
unsecured creditorspage: 6 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 68.71 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Federated Co-operatives Ltd. · currency: CAD
unsecured creditorspage: 6 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 64112 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: FIRST Insurance Funding of Canada · currency: CAD
unsecured creditorspage: 6 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 4769.27 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Fort Garry Fire Trucks Ltd. - Rubber Division · currency: CAD
unsecured creditorspage: 6 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 294.79 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Fountain Tire · currency: CAD
unsecured creditorspage: 6 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 94.18 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Francotyp-Postalia Canada Inc. · currency: CAD
unsecured creditorspage: 6 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 50.4 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: G.P. Truckwash Ltd. · currency: CAD
unsecured creditorspage: 7 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 438.07 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Manitoulin Transport · currency: CAD
unsecured creditorspage: 7 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 227.3 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Hilti Canada Corporation · currency: CAD
unsecured creditorspage: 7 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 23778.3 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: HLH LLP · currency: CAD
unsecured creditorspage: 7 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 560.58 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Hudson Energy · currency: CAD
unsecured creditorspage: 7 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 349.25 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Intercomp Company · currency: CAD
unsecured creditorspage: 7 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 655.12 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Interstate Billing Service, Inc., c/o T04220C · currency: CAD
unsecured creditorspage: 7 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 6300.53 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Jackson & James Industrial Services Ltd. · currency: CAD
unsecured creditorspage: 7 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 410.18 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Jolera Inc. · currency: CAD
unsecured creditorspage: 7 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 1913.81 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Kal Tire · currency: CAD
unsecured creditorspage: 7 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 5970 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Keith Salmon · currency: CAD
unsecured creditorspage: 7 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 420 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: K-Gar Consulting Inc. · currency: CAD
unsecured creditorspage: 7 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 2381.34 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Kilotech Inc. · currency: CAD
unsecured creditorspage: 7 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 112.89 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Klarity Wash - Nitestar · currency: CAD
unsecured creditorspage: 7 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 449.82 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: KMS Tools and Equipment · currency: CAD
unsecured creditorspage: 7 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 9461.97 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Landel Controls Ltd. · currency: CAD
unsecured creditorspage: 7 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 938.66 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Local Environmental Services- YEG · currency: CAD
unsecured creditorsnote: Provincial tax authority (quasi-governmental); nominal $1.00 placeholder amount as stated · page: 7 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 1 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Manitoba Department of Finance - Taxation Division · currency: CAD
unsecured creditorspage: 7 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 358.58 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Massload Technologies Inc. · currency: CAD
unsecured creditorspage: 7 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 3081.12 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Matthews Equipment Limited o/a Herc Rentals · currency: CAD
unsecured creditorspage: 7 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 880.95 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Maxim Storage Inc. · currency: CAD
unsecured creditorspage: 7 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 1957.2 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Mettler-Toledo Inc. · currency: CAD
unsecured creditorspage: 7 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 5591.25 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: MGM Transportation Ltd. · currency: CAD
unsecured creditorspage: 8 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 24970.56 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Rick Schauer · currency: CAD
unsecured creditorspage: 8 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 150.2 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Rite-Way Fencing (2000) Inc. · currency: CAD
unsecured creditorspage: 8 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 35237.65 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Sabo Bros. Enterprises Ltd. · currency: CAD
unsecured creditorspage: 8 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 14982.76 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Scale Support Services Ltd. (John Marshall) · currency: CAD
unsecured creditorspage: 8 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 24971.66 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Morinville Colony · currency: CAD
unsecured creditorspage: 8 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 2011.8 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Multi-Source Printing Solutions Inc. · currency: CAD
unsecured creditorspage: 8 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 279.88 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Ordos Fire Equipment Ltd. · currency: CAD
unsecured creditorspage: 8 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 47.24 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Ortus Security & Automation Inc. · currency: CAD
unsecured creditorspage: 8 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 409.3 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Oyen 8 Motel Ltd. o/a Canalta Kindersley · currency: CAD
unsecured creditorspage: 8 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 1348.79 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Paradise Inn and Conference Centre · currency: CAD
unsecured creditorspage: 8 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 1771.88 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Pennsylvania Scale Co. · currency: CAD
unsecured creditorspage: 8 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 346.84 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Pomeroy Hotel Fort St. John · currency: CAD
unsecured creditorspage: 8 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 152.07 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Prairie Moon Hotel Macklin · currency: CAD
unsecured creditorsnote: Possible related/affiliated party — same address (7140-67 Street NW, Edmonton) as the debtor's own premises (per List E) and shares 'Precision' name; handwritten margin annotation present on the filed list · page: 8 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 197209 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Precision Bay · currency: CAD
unsecured creditorsnote: Possible related/affiliated party — same address (7140-67 Street NW, Edmonton) as the debtor's own premises (per List E) and shares 'Precision' name · page: 8 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 2746 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Precision Distribution · currency: CAD
unsecured creditorspage: 8 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 85716.51 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Price Steel Ltd. · currency: CAD
unsecured creditorspage: 8 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 2485.58 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: PTW Canada Ltd. · currency: CAD
unsecured creditorsnote: Provincial tax authority (quasi-governmental); nominal $1.00 placeholder amount as stated · page: 8 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 1 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Saskatchewan Ministry of Finance - Revenue Division · currency: CAD
unsecured creditorspage: 8 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 262.99 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Sartorius Corporation · currency: CAD
unsecured creditorspage: 8 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 119.7 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Safety Co-ordination Services Inc. · currency: CAD
unsecured creditorspage: 8 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 2287.43 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Reinhold Industries Ltd · currency: CAD
unsecured creditorspage: 8 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 45458.67 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Rice Lake Weighing Systems · currency: CAD
unsecured creditorspage: 9 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 12064.5 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Tvcomp Ltd. · currency: CAD
unsecured creditorspage: 9 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 172.04 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Wash Factory · currency: CAD
unsecured creditorspage: 9 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 4786.44 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Western Canadian Software · currency: CAD
unsecured creditorsnote: First of two 'Sterling Crane' entries (Edmonton address; item 92) · page: 9 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 2022.3 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Sterling Crane · currency: CAD
unsecured creditorsnote: Second of two 'Sterling Crane' entries (Saskatoon address; item 93) · page: 9 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 7447.57 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Sterling Crane · currency: CAD
unsecured creditorspage: 9 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 8391.1 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Suncor Energy Products Partnership · currency: CAD
unsecured creditorspage: 9 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 3275.9 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: SYTEC Manufacturing Ltd. · currency: CAD
unsecured creditorsnote: Attn: Insolvency Desk, c/o Credit Services · page: 9 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 29682.69 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: TELUS Communications Inc. · currency: CAD
unsecured creditorspage: 9 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 10845.61 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Scaletech Systems Ltd. · currency: CAD
unsecured creditorspage: 9 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 1528.19 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Secure Energy Services · currency: CAD
unsecured creditorspage: 9 · as of: 2023-05-11 · basis: Statement of Affairs (Form 78) List A unsecured creditors, as reported · amount: 951.07 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Stericycle ULC · currency: CAD
secured creditorsnote: Second of three Canadian Western Bank List B registrations · page: 10 · as of: 2023-05-11 · amount: 33036 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Canadian Western Bank · currency: CAD · security: List B secured claim (when given 31-Jul-2019): Motor Vehicle - 2019 Ford F-550 c/w HIAB Crane T-CLX038B4, VIN 1FD0W5HT3KEF43435 (estimated FMV provided by debtor, est. 33,036.00)
secured creditorsnote: First of three Canadian Western Bank List B registrations · page: 10 · as of: 2023-05-11 · amount: 453553 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Canadian Western Bank · currency: CAD · security: List B secured claim (when given 28-Sep-2015): Debts Due - Business - Accounts Receivable (book value, est. 262,663.00); Business Assets - Stock In Trade - Inventory (book value, est. 190,890.00). CWB general security registration ALLPAP (per List E)
secured creditorsnote: Third of three Canadian Western Bank List B registrations; NO amount of claim stated (blanket security registration, all security items estimated at 0.00) · page: 11 · as of: 2023-05-11 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Canadian Western Bank · currency: CAD · security: List B blanket registration (when given 28-Sep-2015 / 15-Oct-2015) over multiple motor vehicles (2017 Ford Escape VIN 1FMCU9GD1HUB07489; 2002 Kenworth T800 c/w HIAB Crane VIN 1XKDDU9X52R966585; 2008 Ford F-250 Econoline Van VIN 1FTNE24W58DA67831; 2008 Ford F-350 VIN 1FTWX31R28EA14212; 2012 International 7000 VIN 1HTVVNAZTX0552122; 2012 Kenworth T440 c/w HIAB Crane VIN 2NKLBN9X0CM952600; 2015 Kenworth T440 VIN 1NKBLJ9X4FJ976449; 2011 International 7000 VIN 1HTVVHAZR9BJ386057), shop equipment, computer software, rental equipment, prepaid expenses, office furniture & fixtures, test weights, tools and equipment — all estimated value 0.00
secured creditorspage: 11 · as of: 2023-05-11 · amount: 11248.48 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: Diamond International Trucks Ltd. · currency: CAD · security: List B secured claim (when given 06-Mar-2023): Motor Vehicle - 2011 International 7000, VIN 1HTVVHAZR9BJ386057 (estimated FMV provided by debtor, est. 11,248.48)
secured creditorsnote: List B totals: amount of claim 565,811.21; est. value of security 565,811.21; est. surplus 1,197,188.79; unsecured balance of claim 0.00 · page: 12 · as of: 2023-05-11 · amount: 67973.73 · debtor: Precision Giant Systems Inc. o/a Precision Scale · creditor: RBC Avion Visa (c/o BankruptcyHighway.Com) · currency: CAD · security: List B secured claim (when given 21-Aug-2019): Business Assets - Stock In Trade - Inventory (book value, est. 67,973.73); plus registrations over prepaid expenses, multiple motor vehicles (2015/2012 Kenworth T440/T800, 2019 Ford F-550, 2002 Kenworth T800, 2012/2011 International 7000, 2017 Ford Escape, 2008 Ford F-350/F-250 Econoline), machinery (rental & shop equipment, computer software), office furniture & fixtures, tools and equipment, test weights, accounts receivable — all additional items estimated value 0.00

Notice of Bankruptcy & Creditor Package

✨ AI summary

AI summary