Alberta · NOI
Creditors package - March 12, 2014
Notice to creditors · 12 March 2014
A plain-language read of this filing opens with a subscription.
What we verified from this filing21 verified
- secured creditorsnote: Defined in Proposal as 'Unaffected Secured Creditor' alongside 135482 Canada Inc.; claims not affected by or compromised under the Proposal · page: 7 · debtor: Health Assessment Systems Inc. · creditor: Octane Venture Partners (per Proposal defined term) · currency: CAD · security: Secured charges on property, assets and undertaking of the Corporation
- financial positionnote: Deficiency of $3,863,186.11 stated; total unsecured creditors (including balance of secured claims per List B) $5,363,186.11; preferred creditors $0.00; contingent/other liabilities $0.00 · page: 15 · as at: 2014-02-04 · basis: Statement of Affairs (Form 78) as stated and estimated by the officer, sworn 2014-03-05 · scope: entity - Health Assessment Systems Inc. · currency: CAD · total assets: 1521678.24 · total liabilities: 5384864.35
- unsecured creditorspage: 16 · as of: 2014-03-05 · basis: Statement of Affairs (Form 78) List A, unsecured creditors · amount: 244.9 · debtor: Health Assessment Systems Inc. · creditor: Axium Law Corporation · currency: CAD
- unsecured creditorspage: 16 · as of: 2014-03-05 · basis: Statement of Affairs (Form 78) List A, unsecured creditors · amount: 2787.33 · debtor: Health Assessment Systems Inc. · creditor: Bull Housser & Tupper LLP · currency: CAD
- unsecured creditorspage: 16 · as of: 2014-03-05 · basis: Statement of Affairs (Form 78) List A, unsecured creditors · amount: 28328.64 · debtor: Health Assessment Systems Inc. · creditor: Burstall Winger LLP · currency: CAD
- unsecured creditorsnote: Listed with $0.00 claim as of Statement of Affairs date; deemed trust/Crown claim category referenced elsewhere in Proposal (Article 4) · page: 16 · as of: 2014-03-05 · basis: Statement of Affairs (Form 78) List A, unsecured creditors · amount: 0 · debtor: Health Assessment Systems Inc. · creditor: CRA - Canada Revenue Agency - Tax - Prairie · currency: CAD
- unsecured creditorspage: 16 · as of: 2014-03-05 · basis: Statement of Affairs (Form 78) List A, unsecured creditors · amount: 70344.58 · debtor: Health Assessment Systems Inc. · creditor: David Atkinson · currency: CAD
- unsecured creditorspage: 16 · as of: 2014-03-05 · basis: Statement of Affairs (Form 78) List A, unsecured creditors · amount: 114187.5 · debtor: Health Assessment Systems Inc. · creditor: Dial Solutions Group Ltd · currency: CAD
- unsecured creditorspage: 16 · as of: 2014-03-05 · basis: Statement of Affairs (Form 78) List A, unsecured creditors · amount: 89149 · debtor: Health Assessment Systems Inc. · creditor: Dr. Samuel Gutman · currency: CAD
- unsecured creditorspage: 16 · as of: 2014-03-05 · basis: Statement of Affairs (Form 78) List A, unsecured creditors · amount: 12000 · debtor: Health Assessment Systems Inc. · creditor: Healthcare Concierge Services · currency: CAD
- unsecured creditorspage: 16 · as of: 2014-03-05 · basis: Statement of Affairs (Form 78) List A, unsecured creditors · amount: 5850 · debtor: Health Assessment Systems Inc. · creditor: Medusind Solutions · currency: CAD
- unsecured creditorspage: 16 · as of: 2014-03-05 · basis: Statement of Affairs (Form 78) List A, unsecured creditors · amount: 6553.9 · debtor: Health Assessment Systems Inc. · creditor: Miller Thompson · currency: CAD
- unsecured creditorsnote: Same creditor as secured entry; this is the unsecured balance after security valuation ($21,678.24 estimated value of security) · page: 16 · as of: 2014-03-05 · basis: Statement of Affairs (Form 78) List A, unsecured creditors (balance of claim) · amount: 4128613.43 · debtor: Health Assessment Systems Inc. · creditor: Octane Venture Partners · currency: CAD
- unsecured creditorspage: 16 · as of: 2014-03-05 · basis: Statement of Affairs (Form 78) List A, unsecured creditors · amount: 32163.96 · debtor: Health Assessment Systems Inc. · creditor: Pricewaterhousecoopers LLP · currency: CAD
- unsecured creditorspage: 16 · as of: 2014-03-05 · basis: Statement of Affairs (Form 78) List A, unsecured creditors · amount: 142028 · debtor: Health Assessment Systems Inc. · creditor: Sapphire Digital Solutions Inc · currency: CAD
- unsecured creditorspage: 16 · as of: 2014-03-05 · basis: Statement of Affairs (Form 78) List A, unsecured creditors · amount: 87500 · debtor: Health Assessment Systems Inc. · creditor: Sherlock Consulting · currency: CAD
- unsecured creditorspage: 16 · as of: 2014-03-05 · basis: Statement of Affairs (Form 78) List A, unsecured creditors · amount: 15200.16 · debtor: Health Assessment Systems Inc. · creditor: Shapray Cramer LLP · currency: CAD
- unsecured creditorsnote: Related party; unsecured claim column shows $128,234.71 while total claim/balance of claim unsecured is $500,000.00 (used total claim column per List A total claim $628,234.71) · page: 16 · as of: 2014-03-05 · basis: Statement of Affairs (Form 78) List B, balance of claim unsecured · amount: 500000 · debtor: Health Assessment Systems Inc. · creditor: 135482 Canada Inc. · currency: CAD
- secured creditorsnote: Related party/insider security (also appears as unsecured creditor for balance of claim $128,234.71); estimated value of security $0.00 per Form 78 List B; balance of claim unsecured recorded as $500,000.00 · page: 17 · as of: 2014-03-05 · amount: 500000 · debtor: Health Assessment Systems Inc. · creditor: 135482 Canada Inc. · currency: CAD · security: Cash on hand/TD Bank, business assets (machinery - medical & telephone equipment), debts due (Glenora Health Loan, Rosedale Loan, security deposits, Shaughnessy Loan); security given 08-Nov-2012
- secured creditorsnote: Estimated value of security $21,678.24; balance of claim unsecured $4,628,613.43 per Form 78 List B; identified as an 'Unaffected Secured Creditor' under the Proposal (not affected/compromised) · page: 17 · as of: 2014-03-05 · amount: 4650291.67 · debtor: Health Assessment Systems Inc. · creditor: Octane Venture Partners · currency: CAD · security: Cash on hand/TD Bank, business assets (machinery - medical & telephone equipment), debts due (Glenora Health Loan, Rosedale Loan, security deposits, Shaughnessy Loan); security given 08-Nov-2012
- recovery outcomeentries: basis: plan · quote: 4.1 All Crown Claims, if any, shall be paid in full in cash, without interest or penalty, and subject to the Levy, in accordance with this Article and in priority to all Ordinary Unsecured Claims. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Crown Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: 5.1 The Claims of all Preferred Creditors, if any, shall be paid in full in cash, without interest or penalty, and subject to the Levy, in priority to all claims of the Ordinary Unsecured Creditors, to the extent provided for in section 136 of the BIA. · pct of: unstated · outcome: paid_in_full · class key: preferred · stated by: debtor · class label: Preferred Creditors · interim final: unstated · claims qualifier: unstated; basis: plan · quote: 6.1.1 A cash payment in an amount equal to the lesser of $1,000 or the principal amount of its Ordinary Unsecured Claim, without interest or penalty; and · pct of: unstated · outcome: distribution · class key: unsecured · stated by: debtor · amount low: 1000 · amount high: 1000 · class label: Ordinary Unsecured Creditors · interim final: unstated · conditional on: 100% (cash payment equal to the lesser of $1,000 or the principal amount) of the first $1,000 of each Ordinary Unsecured Claim; 20% of the remaining balance thereafter · claims qualifier: unstated · stated on: 2014-03-12 · table missing: