Ontario · Receivership (court-appointed)
First Report of the Receiver
Court officer report · 20 September 2019
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: Based on the Proceeds held ($5,603,089.13) and claims admitted, the Receiver estimates that each Investor will receive 45.88 cents on the dollar based on their original investments. · pct of: unstated · outcome: distribution · pct low: 45.88 · currency: CAD · pct high: 45.88 · class key: unsecured · stated by: receiver · class label: Investors · interim final: unstated · currency quote: Canadian $5,603,089.13 (Canadian Dollars Five Million Six Hundred Three Thousand and Eighty-Nine and Thirteen Cents) · cents on dollar: 45.88 · claims qualifier: unstated; basis: liquidation_alternative · quote: The difference between a distribution based on all timely filed Claims and Late Claims is marginal: 45.88 versus 45.61 cents on the dollar. · pct of: unstated · outcome: distribution · pct low: 45.61 · pct high: 45.61 · class key: unsecured · stated by: receiver · class label: Investors (Late Claims) · interim final: unstated · cents on dollar: 45.61 · claims qualifier: unstated · stated on: 2019-09-20 · table missing: