British Columbia · Receivership (court-appointed)
Notice and Statement of Receiver
Notice to creditors · 20 June 2019
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 filing3 verified
- financial positionnote: Asset components: cash $33,456; accounts receivable $459,085; prepaid expenses $243,024; inventory $527,105; property and equipment $3,127,539; property held for development $7,867,993; due from related parties $1,073,494. Liabilities total as stated in the document: secured $7,998,025.50 plus unsecured $5,394,517.67 = $13,392,543.17. · page: 1 · as at: 2019-06-11 · basis: Assets: "estimated book value" as at June 11, 2019; document cautions "Realizable values may be materially different from the above." Liabilities: amounts owed per the Debtors' books and records as at June 11, 2019. · scope: Combined figures for both Debtors (Vinco Holdings Ltd. and Waterway Houseboats Ltd.), not stated as consolidated or entity-by-entity · currency: CAD · total assets: 13331696 · total liabilities: 13392543.17
- secured creditorsnote: Aggregate figure per the debtors' books and records as at June 11, 2019. The notice names no individual secured creditors on these pages; an Appendix "A" list of known creditors is referenced but not included in the pages provided. · page: 2 · as of: 2019-06-11 · amount: 7998025.5 · debtor: Vinco Holdings Ltd. and Waterway Houseboats Ltd. · creditor: Secured creditors (aggregate per books and records) · currency: CAD
- unsecured creditorsnote: Document names no individual unsecured creditors on these pages; an Appendix "A" list of all known creditors is referenced but not included. · page: 2 · as of: 2019-06-11 · basis: Amounts owed according to the books and records as at June 11, 2019 · amount: 5394517.67 · debtor: Vinco Holdings Ltd. and Waterway Houseboats Ltd. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD