Ontario · NOI
Second Report of the Proposal Trustee
Court officer report · 22 June 2020
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 filing23 verified
- secured creditorsnote: Report states HealthChain had 'one secured creditor, FCS Advisors LLC' as at the Filing Date but does not state a specific secured balance (page 4). The NOI Form 33 creditor list (Appendix A) shows FCS Advisors LLC at $250.00, which appears to reflect the list's stated $250-minimum disclosure threshold rather than an actual secured balance. FCS Advisors was subsequently repaid in full in December 2020 (post-filing) and HealthChain has no outstanding secured debt as of the date of this report - security is DISCHARGED, not current. · page: 4 · as of: 2020-02-28 · debtor: Healthchain Inc. · creditor: FCS Advisors LLC · currency: CAD
- unsecured creditorspage: 10 · as of: 2020-02-28 · basis: NOI Form 33 - List of Creditors with claims of $250 or more · amount: 250 · debtor: Healthchain Inc. · creditor: Ly Ngo · currency: CAD
- unsecured creditorspage: 10 · as of: 2020-02-28 · basis: NOI Form 33 - List of Creditors with claims of $250 or more · amount: 250 · debtor: Healthchain Inc. · creditor: Jeffrey Sleep · currency: CAD
- unsecured creditorspage: 10 · as of: 2020-02-28 · basis: NOI Form 33 - List of Creditors with claims of $250 or more · amount: 250 · debtor: Healthchain Inc. · creditor: Bruce Lau · currency: CAD
- unsecured creditorspage: 10 · as of: 2020-02-28 · basis: NOI Form 33 - List of Creditors with claims of $250 or more · amount: 50000 · debtor: Healthchain Inc. · creditor: Charlotte Schwartz · currency: CAD
- unsecured creditorsnote: Deemed-trust class claim (CRA). · page: 10 · as of: 2020-02-28 · basis: NOI Form 33 - List of Creditors with claims of $250 or more · amount: 250 · debtor: Healthchain Inc. · creditor: CRA - Tax - Ontario (HST Account) · currency: CAD
- unsecured creditorsnote: Deemed-trust class claim (CRA). · page: 10 · as of: 2020-02-28 · basis: NOI Form 33 - List of Creditors with claims of $250 or more · amount: 250 · debtor: Healthchain Inc. · creditor: CRA - Tax - Ontario (Payroll Account) · currency: CAD
- unsecured creditorsnote: Deemed-trust class claim (CRA). · page: 10 · as of: 2020-02-28 · basis: NOI Form 33 - List of Creditors with claims of $250 or more · amount: 250 · debtor: Healthchain Inc. · creditor: CRA - Tax - Ontario (Corporations Tax Account) · currency: CAD
- unsecured creditorspage: 10 · as of: 2020-02-28 · basis: NOI Form 33 - List of Creditors with claims of $250 or more · amount: 250 · debtor: Healthchain Inc. · creditor: David Evans · currency: CAD
- unsecured creditorspage: 10 · as of: 2020-02-28 · basis: NOI Form 33 - List of Creditors with claims of $250 or more · amount: 250 · debtor: Healthchain Inc. · creditor: Efim Gorbenko · currency: CAD
- unsecured creditorspage: 10 · as of: 2020-02-28 · basis: NOI Form 33 - List of Creditors with claims of $250 or more · amount: 250 · debtor: Healthchain Inc. · creditor: Gareth · currency: CAD
- unsecured creditorspage: 10 · as of: 2020-02-28 · basis: NOI Form 33 - List of Creditors with claims of $250 or more · amount: 50000 · debtor: Healthchain Inc. · creditor: Globalive Capital Inc. · currency: CAD
- unsecured creditorsnote: See also Second Report, page 4, describing aggregate unsecured claims as approximately $1.3 million owed to SAFE Investors and approximately $225,000 owed to other known unsecured creditors as of the report date (June 22, 2020); the itemized NOI total of $1,529,000.00 (page 11) is the exact dated figure, the aggregate figures in the Second Report are the prose approximation. · page: 10 · as of: 2020-02-28 · basis: NOI Form 33 - List of Creditors with claims of $250 or more (filed with the Notice of Intention) · amount: 250 · debtor: Healthchain Inc. · creditor: Adam Cole · currency: CAD
- unsecured creditorspage: 10 · as of: 2020-02-28 · basis: NOI Form 33 - List of Creditors with claims of $250 or more · amount: 250 · debtor: Healthchain Inc. · creditor: Andrew Shinewald · currency: CAD
- unsecured creditorspage: 10 · as of: 2020-02-28 · basis: NOI Form 33 - List of Creditors with claims of $250 or more · amount: 250 · debtor: Healthchain Inc. · creditor: Bradley Steinfeld · currency: CAD
- unsecured creditorspage: 11 · as of: 2020-02-28 · basis: NOI Form 33 - List of Creditors with claims of $250 or more · amount: 250 · debtor: Healthchain Inc. · creditor: Nicholas Zamora · currency: CAD
- unsecured creditorspage: 11 · as of: 2020-02-28 · basis: NOI Form 33 - List of Creditors with claims of $250 or more · amount: 50000 · debtor: Healthchain Inc. · creditor: Said El Khouri · currency: CAD
- unsecured creditorspage: 11 · as of: 2020-02-28 · basis: NOI Form 33 - List of Creditors with claims of $250 or more · amount: 250000 · debtor: Healthchain Inc. · creditor: Spacibo Inc. · currency: CAD
- unsecured creditorspage: 11 · as of: 2020-02-28 · basis: NOI Form 33 - List of Creditors with claims of $250 or more · amount: 250 · debtor: Healthchain Inc. · creditor: Subash G. · currency: CAD
- unsecured creditorspage: 11 · as of: 2020-02-28 · basis: NOI Form 33 - List of Creditors with claims of $250 or more · amount: 500000 · debtor: Healthchain Inc. · creditor: REDDS Venture Investment Partners, LLC · currency: CAD
- unsecured creditorspage: 11 · as of: 2020-02-28 · basis: NOI Form 33 - List of Creditors with claims of $250 or more · amount: 125000 · debtor: Healthchain Inc. · creditor: Ontario Centre of Excellence · currency: CAD
- unsecured creditorsnote: Creditor identified only by job title 'Product Manager' in the filed list. · page: 11 · as of: 2020-02-28 · basis: NOI Form 33 - List of Creditors with claims of $250 or more · amount: 250 · debtor: Healthchain Inc. · creditor: Product Manager · currency: CAD
- unsecured creditorspage: 11 · as of: 2020-02-28 · basis: NOI Form 33 - List of Creditors with claims of $250 or more · amount: 500000 · debtor: Healthchain Inc. · creditor: REDDS Technology Fund 1, L.P. · currency: CAD