Quebec · Bankruptcy
Trustee's Report on Preliminary Administration
Court officer report · 4 November 2025
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What we verified from this filing11 verified · 1 withheld
- courtCOUR SUPÉRIEURE
- court file no500-11-066198-256
- provinceQUÉBEC
- statutory basisparagraphe 50.4(1) de la Loi sur la faillite et l'insolvabilité
- financial positionnote: Assets: Property intellectuelle $1, Équipements $1, Inventaire $1, Compte à recevoir $130,000, Crédits RS&DE $490,000, Argent en banque $1 = total $620,004 (all assets stated as encumbered in favour of secured creditors, per Note 1). Liabilities per claims table: Créanciers privilégiés $1,095, Créanciers garantis $1,337,329, Créanciers non garantis $2,427,582 = total $3,766,006. 'Reçu à date' column ($1,337,392 total) reflects amounts received, not additional liabilities. · page: 2 · basis: As declared/estimated in the debtor's books ('valeur déclarée au bilan' for assets; 'tel que déclaré au bilan' for provable claims) — no independent audit stated · scope: Entity-level (FTEX Inc.) · currency: CAD · total assets: 620004 · total liabilities: 3766006
- secured creditorsnote: Estimated claim ('Réclamation estimée'); described as principal secured creditor whose acceptance is required for the pending asset sale offer; rank based solely on RDPRM registrations, not a legal opinion on rank/validity · page: 3 · amount: 793426 · debtor: FTEX Inc. · creditor: Caisse Desjardins · currency: CAD · security: Universalité des biens (blanket security over all property)
- secured creditorsnote: Estimated claim ('Réclamation estimée') · page: 3 · amount: 294000 · debtor: FTEX Inc. · creditor: Finalta · currency: CAD · security: Universalité des crédits d'impôt (blanket security over tax credits)
- secured creditorsnote: Estimated claim ('Réclamation estimée') · page: 3 · amount: 153993 · debtor: FTEX Inc. · creditor: BDC · currency: CAD · security: Universalité des biens meubles (blanket security over movable property)
- secured creditorsnote: Estimated claim ('Réclamation estimée') · page: 3 · amount: 95910 · debtor: FTEX Inc. · creditor: PME Mtl Grand Sud Ouest · currency: CAD · security: Universalité des biens meubles (blanket security over movable property)
- appointeeMNP LTÉE
- appointee rolesyndic à la faillite
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.