Ontario · NOI
Declaration of Bryan A. Tannenbaum dated October 23, 2025
Affidavit · 23 October 2025
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 filing2 verified
- financial positionnote: The Hanoun Affidavit states 'There are no secured creditors' and the Declaration states '3Motion has no secured creditors' (a stated fact, hence secured_creditors is an empty array). A prior PPSA registration in favour of Royal Bank of Canada (secured loan of approx. CAD $220,000) was paid in full from cash on hand prior to the NOI filing and the registration was in the process of being discharged – not a current secured claim. A separately compiled balance sheet as at December 31, 2024 (CSRS 4200 compilation engagement, historical cost/cash basis per Fuller Landau LLP) shows total assets of CAD $4,864,357 and total liabilities of CAD $1,740,115 (original page 132); management states technology assets are believed to be worth more than book value. · page: 137 · as at: 2025-09-29 · basis: Internal, unaudited management-prepared balance sheet described in the Hanoun Affidavit as "3Motion's internal income statement and balance sheet current to September 29, 2025" · scope: 3MotionAI Inc., entity-level (unconsolidated) · currency: CAD · total assets: 2239586.64 · total liabilities: 1258797.03
- secured creditors