Ontario · Bankruptcy
Video Plus Print Solutions Inc. Creditor package
Meeting materials · 23 October 2018
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What we verified from this filing12 verified · 1 withheld
- appointee roletrustee
- commencement date23 October 2018
- court file no31-2434803
- provinceOntario
- statutory basisSection 49 of the Act; Rule 85
- financial positionnote: Deficiency 1,407,868.27. Liabilities breakdown: unsecured per List A 51,899.12; balance of secured claims per List B 0.00; total unsecured creditors 51,899.12; secured creditors per List B 0.00 (List B nil - none stated); preferred creditors per List C 0.00 (List C nil - none stated); contingent/trust or other liabilities per List D 1,400,000.00 (Webb Mason Inc.). Date and time of bankruptcy 23 Oct 2018 14:11. · page: 5 · as at: 2018-10-23 · basis: Form 78 Statement of Affairs (Business Bankruptcy), as stated and estimated by the officer; sworn 23 Oct 2018 · scope: Video Plus Print Solutions Inc. (single entity), Pickering, Ontario · currency: CAD · total assets: 44030.85 · total liabilities: 1451899.12
- unsecured creditorspage: 6 · as of: 2018-10-23 · basis: Statement of Affairs (Form 78) List A - unsecured creditors, as stated and estimated by the officer · amount: 300.58 · debtor: Video Plus Print Solutions Inc. · creditor: Source Point Business Group · currency: CAD
- unsecured creditorsnote: Annapolis MD USA · page: 6 · as of: 2018-10-23 · basis: Statement of Affairs (Form 78) List A - unsecured creditors, as stated and estimated by the officer · amount: 2727.5 · debtor: Video Plus Print Solutions Inc. · creditor: Hyatt & Weber PA · currency: CAD
- unsecured creditorsnote: c/o 1958 Notion Road, Pickering; Scott Manduck is the officer who swore the Statement of Affairs (page 5) - related party · page: 6 · as of: 2018-10-23 · basis: Statement of Affairs (Form 78) List A - unsecured creditors, as stated and estimated by the officer · amount: 4492.14 · debtor: Video Plus Print Solutions Inc. · creditor: Scott Manduck · currency: CAD
- unsecured creditorsnote: c/o 1958 Notion Road, Pickering - same address as officer Scott Manduck; likely related party · page: 6 · as of: 2018-10-23 · basis: Statement of Affairs (Form 78) List A - unsecured creditors, as stated and estimated by the officer · amount: 44378.9 · debtor: Video Plus Print Solutions Inc. · creditor: Vijay Mahbubani · currency: CAD
- unsecured creditorsnote: Listed as a contingent/other liability in List D (not List A); amount 1,400,000.00 expected to rank for dividend; c/o Hugh Marbury & Adam Pie, DLA Piper LLP, Baltimore MD USA. Corresponds to SOA line 4 contingent/other liabilities. · page: 9 · as of: 2018-10-23 · basis: Statement of Affairs (Form 78) List D - contingent, trust claims or other liabilities · amount: 1400000 · debtor: Video Plus Print Solutions Inc. · creditor: Webb Mason, Inc. · currency: CAD
- secured creditors
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.