Ontario · CCAA
First Report of the Monitor
Court officer report · 11 May 2010
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 filing4 verified
- cash on handnote: As at close of first week of Stay Period, versus forecasted $3.3 million · as at: 2010-05-01 · amount: 4100000 · currency: CAD · qualifier: approximately
- operational summaryThe Company continues normal operations funded by existing working capital with no need for additional financing, while management continues negotiations with Catalyst for a potential sale of all remaining assets.
- report date11 May 2010
- report noFirst Report