Ontario · Bankruptcy
Preliminary report to creditors
Pre-filing report · 27 June 2024
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What we verified from this filing9 verified
- appointeeRosen Goldberg Inc.
- appointee roleLicensed Insolvency Trustee
- commencement date27 June 2024
- provinceONTARIO
- secured creditorsnote: Following the Assignment in Bankruptcy, seized funds in the bank account by way of set-off · page: 2 · amount: 2500000 · debtor: The Sampler App Inc. · creditor: The Bank of Nova Scotia · currency: CAD · security: General security agreement; first charge on assets excluding certain computer equipment
- secured creditorsnote: Claim subordinated to the claim of the Bank of Nova Scotia · page: 2 · amount: 2000000 · debtor: The Sampler App Inc. · creditor: Business Development Bank of Canada (BDC) · currency: CAD · security: General security agreement
- secured creditorspage: 2 · amount: 208000 · debtor: The Sampler App Inc. · creditor: Eastern Ontario Community Futures Development Corporation · currency: CAD · security: General security agreement
- secured creditorsnote: Amount described as approximate ($60,000) on page 2; stated as $60,000.00 in Section E summary · page: 3 · amount: 60000 · debtor: The Sampler App Inc. · creditor: Vault Credit Corporation · currency: CAD · security: Security on specific computer equipment
- unsecured creditorsnote: Statement of Affairs estimated unsecured claims at $12,574,440; variance due to creditors not yet filed and differences between estimated and filed liabilities. Includes $4,505,400 representing amounts with no security reflected as unsecured. Also includes former employee claims to be substantially paid under WEPP. Document names no individual unsecured creditors. · page: 3 · as of: claims filed to date · basis: Provable claims filed to date, per Trustee's report · amount: 4794662 · debtor: The Sampler App Inc. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD