Ontario · Bankruptcy
Creditor's Package
Meeting materials · 12 March 2025
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What we verified from this filing32 verified
- financial positionnote: Deficiency of -3,192,285.00 reported; total liabilities include secured creditors $560,002.00, unsecured creditors $3,192,285.00, preferred creditors/securities/priorities $0.00, and contingent/trust claims $0.00 · page: 2 · as at: 2025-03-10 · basis: Statement of Affairs as stated and estimated by bankrupt/debtor, sworn by director Martin Reniere · scope: Nuvoola Inc. (entity level, bankrupt corporation) · currency: CAD · total assets: 560002 · total liabilities: 3752287
- unsecured creditorsnote: Accounts payable · page: 4 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 2345 · debtor: Nuvoola Inc. · creditor: Bamboo HR LLC · currency: CAD
- unsecured creditorsnote: Corporate taxes · page: 4 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 320203 · debtor: Nuvoola Inc. · creditor: Agence du revenu du Québec · currency: CAD
- unsecured creditorsnote: Accounts payable · page: 4 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 3979 · debtor: Nuvoola Inc. · creditor: Atlassian Pty Ltd · currency: CAD
- unsecured creditorsnote: Accounts payable · page: 4 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 44638 · debtor: Nuvoola Inc. · creditor: Axper · currency: CAD
- unsecured creditorsnote: Other claim · page: 4 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 61595 · debtor: Nuvoola Inc. · creditor: BDO Canada Limited · currency: CAD
- unsecured creditorsnote: Accounts payable · page: 4 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 1365 · debtor: Nuvoola Inc. · creditor: Bulletproof Solutions ULC · currency: CAD
- unsecured creditorsnote: Other claim · page: 4 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 80000 · debtor: Nuvoola Inc. · creditor: Business Development Bank of Canada · currency: CAD
- unsecured creditorsnote: Accounts payable · page: 4 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 2098 · debtor: Nuvoola Inc. · creditor: Cloud Monitored Objects · currency: CAD
- secured creditorsnote: Claim bifurcated: secured portion $228,976.00 and unsecured portion $4,121.00 (total claim $233,097.00); deemed trust/corporate tax class · page: 5 · as of: 2024-12-31 · amount: 228976 · debtor: Nuvoola Inc. · creditor: CRA - Tax - Ontario · currency: CAD · security: Corporate taxes; secured portion of claim; asset securing liability: item 1301
- unsecured creditorsnote: Other claim · page: 5 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 8192 · debtor: Nuvoola Inc. · creditor: CNESST du Québec (formerly CSST) - Île-de-Montréal · currency: CAD
- unsecured creditorsnote: Accounts payable · page: 5 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 13712 · debtor: Nuvoola Inc. · creditor: Cogito Tech · currency: CAD
- unsecured creditorsnote: Unsecured portion of bifurcated claim; secured portion of $228,976.00 reported separately · page: 5 · as of: 2024-12-31 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 4121 · debtor: Nuvoola Inc. · creditor: CRA - Tax - Ontario · currency: CAD
- unsecured creditorsnote: Accounts payable · page: 5 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 30119 · debtor: Nuvoola Inc. · creditor: DS Lawyers Canada LLP · currency: CAD
- unsecured creditorsnote: Accounts payable · page: 5 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 45739 · debtor: Nuvoola Inc. · creditor: Ecole de technologie superieure (ETS) · currency: CAD
- unsecured creditorsnote: Accounts payable · page: 5 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 19546 · debtor: Nuvoola Inc. · creditor: First Storme Capital Corporation · currency: CAD
- unsecured creditorsnote: Accounts payable · page: 5 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 7306 · debtor: Nuvoola Inc. · creditor: Houle Legal Inc · currency: CAD
- unsecured creditorsnote: Accounts payable · page: 5 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 360000 · debtor: Nuvoola Inc. · creditor: FIT Ventures Lending Inc. · currency: CAD
- unsecured creditorsnote: Accounts payable · page: 6 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 12863 · debtor: Nuvoola Inc. · creditor: Mitacs Inc. · currency: CAD
- unsecured creditorsnote: Other claim · page: 6 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 10043 · debtor: Nuvoola Inc. · creditor: Hub International Insurance · currency: CAD
- unsecured creditorsnote: Accounts payable · page: 6 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 29097 · debtor: Nuvoola Inc. · creditor: Innovation M2 · currency: CAD
- unsecured creditorsnote: Accounts payable · page: 6 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 7822 · debtor: Nuvoola Inc. · creditor: Investissement Quebec · currency: CAD
- unsecured creditorsnote: Accounts payable · page: 6 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 11300 · debtor: Nuvoola Inc. · creditor: IT World Canada · currency: CAD
- unsecured creditorsnote: Accounts payable; individual creditor · page: 6 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 42184 · debtor: Nuvoola Inc. · creditor: Ivan Baidak (Unidata lab) · currency: CAD
- unsecured creditorsnote: Accounts payable · page: 6 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 488 · debtor: Nuvoola Inc. · creditor: Keap · currency: CAD
- unsecured creditorsnote: Accounts payable; individual creditor (law firm/sole practitioner) · page: 6 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 1263 · debtor: Nuvoola Inc. · creditor: Marie-Andrée Mallette Avocate · currency: CAD
- unsecured creditorsnote: Other claim; also listed with secured portion of $10,002.00 (total claim $944,051.00); asset securing liability items 1302,1303,1101 · page: 6 · as of: 2023-12-22 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 934049 · debtor: Nuvoola Inc. · creditor: R&D Capital Inc. · currency: CAD
- secured creditorsnote: Estimated deficit from security shown as -797,936.00, implying security value estimated at nil in Statement of Affairs · page: 7 · as of: 2017-10-11 · amount: 797936 · debtor: Nuvoola Inc. · creditor: Royal Bank of Canada · currency: CAD · security: Accounts payable / secured claim (nature of liability listed as accounts payable, secured)
- secured creditorsnote: Deemed trust class (employee source deductions owed to Revenu Québec) · page: 7 · as of: 2024-12-31 · amount: 321024 · debtor: Nuvoola Inc. · creditor: Revenu Québec · currency: CAD · security: Employee source deductions; asset securing liability: item 1301
- unsecured creditorsnote: Accounts payable · page: 7 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 315440 · debtor: Nuvoola Inc. · creditor: Universite de Moncton · currency: CAD
- unsecured creditorsnote: Other claim · page: 7 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 15518 · debtor: Nuvoola Inc. · creditor: Turner Moore · currency: CAD
- unsecured creditorsnote: Accounts payable · page: 7 · basis: Statement of Affairs (List of Liabilities) as sworn by director · amount: 9324 · debtor: Nuvoola Inc. · creditor: Zendesk · currency: CAD