British Columbia · Bankruptcy

Trustee's Preliminary Report dated January 24, 2024

Court officer report · 24 January 2024

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

operational summaryAs a result of a liquidity crisis, the Companies discontinued operations and terminated substantially all of their employees on December 27, 2024. The Trustee is working to advance a sale of substantially all assets and the Business to Recruiter.com Ventures Inc. (RVI), with an outside closing date of February 28, 2025, and has entered a transition services agreement with RVI to facilitate continued operation of the Business until closing.
report date24 January 2025