Alberta · Bankruptcy
Trustee's Report to Creditors
Court officer report · 24 July 2024
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What we verified from this filing17 verified
- appointeeMNP Ltd.
- appointee roleLicensed Insolvency Trustee
- commencement date3 July 2024
- courtIN THE COURT OF KING'S BENCH OF ALBERTA
- court file no24-3100040
- proceeding typebia_bankruptcy
- financial positionnote: Company had not prepared financial statements for 2024 year end or stub period to date of bankruptcy; deficit of $173,000 as at February 28, 2023 · page: 3 · as at: 2023-02-28 · basis: Compiled by an independent, external accountant; balance sheet in ($000's) · scope: Wildside Outdoors Inc., entity-level · currency: CAD · total assets: 561000 · total liabilities: 734000
- secured creditorsnote: Deemed trust claim per Company's books and records; approximate; CRA has not filed a proof of claim as of date of report · page: 5 · as of: date of bankruptcy (July 3, 2024) · amount: 61000 · debtor: Wildside Outdoors Inc. · creditor: Canada Revenue Agency · currency: CAD · security: Deemed trust - all present and after-acquired property (payroll source deductions)
- secured creditorsnote: Trustee understands amount owing was paid in full prior to date of bankruptcy; no proof of claim filed as of date of report · page: 5 · as of: date of bankruptcy (July 3, 2024) · amount: 1000 · debtor: Wildside Outdoors Inc. · creditor: Driven Financial Technologies Corporation · currency: CAD · security: GSA, all present and after-acquired property (PPR registration)
- unsecured creditorspage: 5 · basis: Major unsecured creditors listing per Company's books and records · amount: 120000 · debtor: Wildside Outdoors Inc. · creditor: Bank of Montreal · currency: CAD
- unsecured creditorspage: 5 · basis: Major unsecured creditors listing per Company's books and records · amount: 132000 · debtor: Wildside Outdoors Inc. · creditor: Johnstons · currency: CAD
- unsecured creditorspage: 5 · basis: Major unsecured creditors listing per Company's books and records · amount: 100000 · debtor: Wildside Outdoors Inc. · creditor: Crystal Hendrickson · currency: CAD
- unsecured creditorsnote: Statement of Claim filed against Company for debt claim of $48,441 (June 2024); action stayed by bankruptcy · page: 5 · basis: Major unsecured creditors listing per Company's books and records · amount: 48000 · debtor: Wildside Outdoors Inc. · creditor: Continental Sports · currency: CAD
- unsecured creditorsnote: Separate from the $61,000 deemed trust secured claim listed elsewhere · page: 5 · basis: Major unsecured creditors listing per Company's books and records · amount: 35000 · debtor: Wildside Outdoors Inc. · creditor: Canada Revenue Agency · currency: CAD
- unsecured creditorspage: 5 · basis: Major unsecured creditors listing per Company's books and records · amount: 27000 · debtor: Wildside Outdoors Inc. · creditor: RH Properties Inc. · currency: CAD
- unsecured creditorspage: 5 · basis: Major unsecured creditors listing per Company's books and records · amount: 22000 · debtor: Wildside Outdoors Inc. · creditor: Escalade Sports · currency: CAD
- unsecured creditorsnote: Aggregate of 22 unsecured creditors; document names only the major creditors individually listed separately · page: 5 · basis: Trustee is aware of 22 unsecured creditors owed approximately $604,066 based on Company's books and records; Table 4 lists only major creditors · amount: 604066 · debtor: Wildside Outdoors Inc. · creditor: Unsecured creditors (aggregate as reported) · currency: CAD