Ontario · Receivership (court-appointed)
Notice and Statement of the Receiver
Notice to creditors · 10 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 filing59 verified
- financial positionnote: Total secured creditors reported as $24,531,729 and total unsecured creditors reported as $879,500 (see respective creditor lists); no total liabilities figure stated by the document · page: 1 · as at: 2024-01-03 · basis: unaudited financial statements prepared by the Debtors; Receiver has not audited, reviewed, or verified accuracy or completeness · scope: Serendipity Media Ltd. and Guarantor entities (Serendipity Group of Companies) · currency: CAD · total assets: 35559197
- secured creditorspage: 2 · as of: 2024-01-03 · amount: 20373214 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Bank Of Montreal · currency: CAD
- secured creditorsnote: May also be an Additional Lender with loans to certain subsidiaries/affiliates totaling approx. $40 million, possibly guaranteed by Serendipity · page: 2 · as of: 2024-01-03 · amount: 21882 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Royal Bank Of Canada · currency: CAD
- secured creditorspage: 2 · as of: 2024-01-03 · amount: 785000 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Old Kent Road Financial Loan Adminco Ltd. · currency: CAD
- secured creditorsnote: Deemed trust class; balance owing based on CRA statement of accounts as at January 9, 2024 · page: 2 · as of: 2024-01-09 · amount: 2987333 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Canada Revenue Agency – GST · currency: CAD
- secured creditorsnote: Amount unknown; may also be an Additional Lender with loans to certain subsidiaries/affiliates totaling approx. $40 million, possibly guaranteed by Serendipity · page: 2 · as of: 2024-01-03 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Bank Of Hope · currency: CAD
- secured creditorsnote: Amount unknown · page: 2 · as of: 2024-01-03 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: 7032749 Canada Inc. · currency: CAD
- secured creditorsnote: Amount unknown · page: 2 · as of: 2024-01-03 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Connect First Credit Union Ltd. · currency: CAD
- secured creditorspage: 2 · as of: 2024-01-03 · amount: 364300 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Workerbee.Tv, Inc. · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 4928 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: BDO Canada LLP · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 22600 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Bm Production Services Inc. · currency: CAD
- unsecured creditorsnote: Individual · page: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 47250 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Brett Miles · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 13340 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Cactus Tree Entertainment LLC · currency: CAD
- unsecured creditorsnote: Listed as unsecured; distinct from CRA GST secured claim · page: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 142530 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Canada Revenue Agency - Federal Tax · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 8400 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Eighty Eight Capital Corporation · currency: CAD
- unsecured creditorsnote: Individual · page: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 2400 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Elizabeth Johnston · currency: CAD
- unsecured creditorsnote: Individual · page: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 26541 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Ernon Schneeberger · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 14112 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Erp Success Partners, Inc. · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 12273 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Fawty Four Studio Pty Ltd · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 43748 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Felesky Flynn LLP · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 4723 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Hall Webber LLP · currency: CAD
- unsecured creditorsnote: Amount unknown; individual · page: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Jodi Thorsteinsson · currency: CAD
- unsecured creditorsnote: Individual · page: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 32500 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Joe Packard · currency: CAD
- unsecured creditorsnote: Individual · page: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 2000 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Jose Arturo Torres Salinas · currency: CAD
- unsecured creditorsnote: Individual · page: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 10000 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Joseph Conrad · currency: CAD
- unsecured creditorsnote: Individual · page: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 38000 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Kelsey Thompson · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 57808 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Kudlow Ye Professional Corporation · currency: CAD
- unsecured creditorsnote: Individual · page: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 9379 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Leah Primeau · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 9450 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Levelfilm Inc. · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 1695 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Mcewan616 · currency: CAD
- unsecured creditorsnote: Individual · page: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 3150 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Miles Davison-Trust · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 6759 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Miller Thompson LLP · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 1050 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Oliver & Bonacini · currency: CAD
- unsecured creditorsnote: Amount unknown · page: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Ontario Ministry of Finance · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 36201 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Oracle Canada ULC · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 2800 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Mats Post Production · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 2747 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Aage Solheim & Stephanie Gartner · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 36386 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Above The Line Media Services Inc · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 64031 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Afnet T/A Adnet Media · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 23100 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Ally Shariff Professional Corporation · currency: CAD
- unsecured creditorsnote: Amount unknown; individual · page: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Amanda Thorsteinsson · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 1491 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: American Express · currency: CAD
- unsecured creditorsnote: Individual · page: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 20000 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Anna Christianson · currency: CAD
- unsecured creditorspage: 4 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 7204 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: APM Music · currency: CAD
- unsecured creditorsnote: Individual · page: 5 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 3840 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Rachelle Leclair · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 4069 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Rights Tracker Limited · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 3310 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Sage Adventure LLC · currency: CAD
- unsecured creditorsnote: Individual · page: 5 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 1941 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Shane Jackson · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 3471 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Sports Media Productions International Inc. (O/A S-Media) · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 29181 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Taub Law Office · currency: CAD
- unsecured creditorsnote: Individual · page: 5 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 35000 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Taylor H Welsh · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 6000 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: The Schultz Creative (Pty) Ltd · currency: CAD
- unsecured creditorsnote: Individual · page: 5 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 25933 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Thomas Kristofic · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 12275 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Tingle Merrett LLP · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 12418 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: TK Productions · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 23323 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Watts Entertainment Group · currency: CAD
- unsecured creditorsnote: Also listed as a secured creditor ($364,300) in a separate capacity · page: 5 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 5954 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Workerbee.Tv, Inc. · currency: CAD
- unsecured creditorsnote: Amount unknown; potential preferred status not stated · page: 5 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Workplace Safety and Insurance Board (WSIB) · currency: CAD
- unsecured creditorspage: 5 · as of: 2024-01-03 · basis: Unsecured Creditor Listing as compiled by Receiver · amount: 4189 · debtor: Serendipity Media Ltd. / Serendipity Group of Companies · creditor: Platform Law Lawyers · currency: CAD