Ontario · Bankruptcy
Notice of Bankruptcy and First Meeting of Creditor including the Creditors package
Meeting materials · 7 April 2026
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What we verified from this filing16 verified
- appointeeGoldhar & Associates Ltd.
- appointee roletrustee
- commencement date1 April 2026
- court file no31-3354707
- statutory basisSubsection 102(1) of the Act
- financial positionnote: Total liabilities 926,670.39 = secured 85,640.00 + preferred/priorities 0.00 + unsecured 841,030.39 + contingent/trust/other 0.00. Total assets 85,640.00 (furniture 2,290.00 + other property 83,350.00). Deficiency -841,030.39. Date of bankruptcy (assignment) 01-Apr-2026; SOA as at 31-Mar-2026. · page: 2 · as at: 2026-03-31 · basis: Statement of Affairs (Form 78, Corporate Bankruptcy) - values as stated/estimated by the bankrupt/debtor, sworn by director Giuseppe Lococo on 31-Mar-2026 (unaudited) · scope: Single entity - 1000860753 Ontario Corporation o/a Pure Golf Shots (Richmond Hill, Ontario) · currency: CAD · total assets: 85640 · total liabilities: 926670.39
- unsecured creditorsnote: Nature: Other - phone and internet services (creditor no. 1) · page: 4 · as of: 2026-03-31 · basis: Statement of Affairs (Form 78) List of Liabilities as reported by the bankrupt/debtor · amount: 85.88 · debtor: 1000860753 Ontario Corporation o/a Pure Golf Shots · creditor: Bell Business Services (c/o FCT Default Solutions) · currency: CAD
- unsecured creditorsnote: Sales taxes (GST/HST); quasi-governmental deemed-trust class; amount stated as nominal $1.00 in the SOA (creditor no. 2) · page: 4 · as of: 2026-03-31 · basis: Statement of Affairs (Form 78) List of Liabilities as reported by the bankrupt/debtor · amount: 1 · debtor: 1000860753 Ontario Corporation o/a Pure Golf Shots · creditor: Canada Revenue Agency - GST/HST · currency: CAD
- unsecured creditorsnote: Corporate taxes; quasi-governmental (Crown) claim; amount stated as nominal $1.00 in the SOA (creditor no. 3) · page: 4 · as of: 2026-03-31 · basis: Statement of Affairs (Form 78) List of Liabilities as reported by the bankrupt/debtor · amount: 1 · debtor: 1000860753 Ontario Corporation o/a Pure Golf Shots · creditor: Canada Revenue Agency - Tax (Ontario) - corporate taxes · currency: CAD
- unsecured creditorsnote: Employee source deductions (payroll); quasi-governmental deemed-trust class; amount stated as nominal $1.00 in the SOA (creditor no. 4) · page: 4 · as of: 2026-03-31 · basis: Statement of Affairs (Form 78) List of Liabilities as reported by the bankrupt/debtor · amount: 1 · debtor: 1000860753 Ontario Corporation o/a Pure Golf Shots · creditor: Canada Revenue Agency - Tax (Ontario) - employee source deductions · currency: CAD
- unsecured creditorsnote: Landlord - owed rent (creditor no. 5); listed in unsecured column, not marked preferred in the SOA · page: 4 · as of: 2026-03-31 · basis: Statement of Affairs (Form 78) List of Liabilities as reported by the bankrupt/debtor · amount: 499968 · debtor: 1000860753 Ontario Corporation o/a Pure Golf Shots · creditor: Epmack Holdings Inc. · currency: CAD
- secured creditorsnote: Total claim $426,611.51 bifurcated by security valuation: secured $85,640.00 / unsecured shortfall $340,971.51 (estimated deficit from security -$340,971.51). Statement of Affairs (Form 78) List of Liabilities creditor no. 8. See separate unsecured entry for the shortfall. · page: 5 · as of: 2026-03-31 · amount: 85640 · debtor: 1000860753 Ontario Corporation o/a Pure Golf Shots · creditor: TD Canada Trust · currency: CAD · security: Business loan (finance company loan) incurred 06-Sep-2025; secured against asset item nos. 201, 501, 502, 503, 504 and 1101 (furniture, golf simulators, 27" monitors, Predator Orion gaming PC, IT components); secured amount equals estimated realizable value of those assets
- unsecured creditorsnote: Other - lawyer; amount stated as nominal $1.00 in the SOA (creditor no. 7) · page: 5 · as of: 2026-03-31 · basis: Statement of Affairs (Form 78) List of Liabilities as reported by the bankrupt/debtor · amount: 1 · debtor: 1000860753 Ontario Corporation o/a Pure Golf Shots · creditor: Noik · currency: CAD
- unsecured creditorsnote: Unsecured shortfall of a $426,611.51 business loan (finance company loan, incurred 06-Sep-2025) after $85,640.00 secured on assets; claim bifurcated by security valuation (creditor no. 8). See secured entry for the secured portion. · page: 5 · as of: 2026-03-31 · basis: Statement of Affairs (Form 78) List of Liabilities as reported by the bankrupt/debtor · amount: 340971.51 · debtor: 1000860753 Ontario Corporation o/a Pure Golf Shots · creditor: TD Canada Trust · currency: CAD
- unsecured creditorsnote: Other - insurance (WSIB); listed with nil amount ($0.00) in the SOA (creditor no. 9) · page: 5 · as of: 2026-03-31 · basis: Statement of Affairs (Form 78) List of Liabilities as reported by the bankrupt/debtor · amount: 0 · debtor: 1000860753 Ontario Corporation o/a Pure Golf Shots · creditor: Workplace Safety and Insurance Board (WSIB) · currency: CAD
- unsecured creditorsnote: Other - MOF (Ontario Ministry of Finance, non-tax revenue); amount stated as nominal $1.00 in the SOA (creditor no. 6) · page: 5 · as of: 2026-03-31 · basis: Statement of Affairs (Form 78) List of Liabilities as reported by the bankrupt/debtor · amount: 1 · debtor: 1000860753 Ontario Corporation o/a Pure Golf Shots · creditor: Ministry of Finance - Collections Branch, Non Tax Revenue Collections Unit · currency: CAD