British Columbia · Receivership (court-appointed)

First Report of Receiver

Court officer report · 20 December 2022

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What we verified from this filing2 verified

secured creditorsnote: Described as 'the primary secured creditor'; no balance stated in these pages. · page: 2 · debtor: Cedar Road Bioenergy Inc. · creditor: Vancouver City Savings Credit Union (Vancity) · currency: CAD
secured creditorsnote: Holds possessory lien securing unpaid repair account of $40,296.37 plus costs (this amount is the repair debt, not a separate secured claim amount); Receiver's counsel opinion is that there is no equity in the Transformer above this amount. · page: 5 · debtor: Cedar Road Bioenergy Inc. · creditor: Surplec Inc. · currency: CAD · security: Possessory Lien under the laws of Quebec over a Carte International Inc. 3 Phase Transformer