Ontario · Bankruptcy

Creditor Package (Bankruptcy)

List of creditors · 25 September 2025

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financial positionnote: Deficiency of $3,523,132.58 stated on the Statement of Affairs; secured creditors totalled $1.00, preferred creditors $0.00, unsecured creditors $29,661,794.58, contingent/trust claims $0.00. · page: 2 · as at: 2025-09-19 · basis: Statement of Affairs (Corporate Bankruptcy, Form 78) - totals as stated and estimated by bankrupt/debtor · scope: Entity - Empowered Networks Inc. (aka Réseaux Empowered Inc.)(fka Optm Canada Inc.) · currency: CAD · total assets: 33184928.16 · total liabilities: 29661795.58
secured creditorsnote: Statement of Affairs lists total secured claim as a nominal $1.00; 'estimated surplus or (deficit) from security' column shows $33,184,927.16, indicating the value of assets pledged as security substantially exceeds the stated $1 claim. A related unsecured claim of $28,243,434.93 for 'FTG US (Cortland Credit Facility)' appears separately in the unsecured creditor list, suggesting the underlying debt has been bifurcated between a nominal secured claim and a large unsecured claim. · page: 4 · as of: 2025-09-19 · amount: 1 · debtor: Empowered Networks Inc. · creditor: Cortland Credit Lending Corporation, as Agent · currency: CAD · security: Security over assets #101 (deposits/cash in bank), #201 (furniture - not listed as securing per table but adjacent), #1101 (trade fixtures), #1301-1308 (accounts receivable incl. intercompany receivables); date given/incurred 2021-11-15 (Cortland Credit Facility)
unsecured creditorsnote: Credit card · page: 4 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 55376.44 · debtor: Empowered Networks Inc. · creditor: American Express c/o FCT Default Solutions · currency: CAD
unsecured creditorsnote: Accounts payable · page: 4 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 1862.6 · debtor: Empowered Networks Inc. · creditor: American Family Mutual Insurance Company, S.I. · currency: CAD
unsecured creditorsnote: Accounts payable · page: 4 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 19330.88 · debtor: Empowered Networks Inc. · creditor: BDO Canada LLP · currency: CAD
unsecured creditorsnote: Accounts payable · page: 4 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 760.78 · debtor: Empowered Networks Inc. · creditor: Bell Canada · currency: CAD
unsecured creditorsnote: Accounts payable · page: 4 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 1284.14 · debtor: Empowered Networks Inc. · creditor: Bell Mobility · currency: CAD
unsecured creditorsnote: Accounts payable · page: 4 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 361265.28 · debtor: Empowered Networks Inc. · creditor: Carahsoft Technology · currency: CAD
unsecured creditorsnote: Accounts payable · page: 4 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 80298.31 · debtor: Empowered Networks Inc. · creditor: Advizex Technologies, LLC · currency: CAD
unsecured creditorsnote: Accounts payable, stated as nil · page: 5 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 0 · debtor: Empowered Networks Inc. · creditor: EHT Ontario Employer Health Tax · currency: CAD
unsecured creditorsnote: Accounts payable · page: 5 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 32336 · debtor: Empowered Networks Inc. · creditor: Evisort · currency: CAD
unsecured creditorsnote: Accounts payable · page: 5 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 1783.59 · debtor: Empowered Networks Inc. · creditor: Federal Express · currency: CAD
unsecured creditorsnote: Accounts payable · page: 5 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 43025.24 · debtor: Empowered Networks Inc. · creditor: FTG US · currency: CAD
unsecured creditorsnote: Accounts payable; related to Cortland Credit Lending Corporation secured facility (see secured creditor entry) · page: 5 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 28243434.93 · debtor: Empowered Networks Inc. · creditor: FTG US (Cortland Credit Facility) · currency: CAD
unsecured creditorsnote: Accounts payable · page: 5 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 402.38 · debtor: Empowered Networks Inc. · creditor: Hartwick O'Shea & Cartwright · currency: CAD
unsecured creditorsnote: Listed as 'Federal Taxes' (nature: Other); classified in unsecured column, no priority claimed per SOA · page: 5 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 1 · debtor: Empowered Networks Inc. · creditor: CRA - Tax - Ontario · currency: CAD
unsecured creditorsnote: Accounts payable · page: 6 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 1 · debtor: Empowered Networks Inc. · creditor: Logic Monitor · currency: CAD
unsecured creditorsnote: Accounts payable, stated as nil · page: 6 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 0 · debtor: Empowered Networks Inc. · creditor: Logic Monitor c/o DLA Piper (Canada) LLP · currency: CAD
unsecured creditorsnote: Accounts payable · page: 6 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 14686.05 · debtor: Empowered Networks Inc. · creditor: Logic Vein Inc. · currency: CAD
unsecured creditorsnote: Owed rent · page: 6 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 8829.82 · debtor: Empowered Networks Inc. · creditor: Mach · currency: CAD
unsecured creditorsnote: Accounts payable · page: 6 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 281405.69 · debtor: Empowered Networks Inc. · creditor: Microchip Technology Inc. · currency: CAD
unsecured creditorsnote: Accounts payable · page: 6 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 9808.13 · debtor: Empowered Networks Inc. · creditor: Parallax Agency Ltd. · currency: CAD
unsecured creditorsnote: Accounts payable · page: 6 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 422828.41 · debtor: Empowered Networks Inc. · creditor: InfoBlox Inc. · currency: CAD
unsecured creditorsnote: Accounts payable, stated as nil · page: 7 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 0 · debtor: Empowered Networks Inc. · creditor: Spark Power Group of Companies · currency: CAD
unsecured creditorsnote: Accounts payable · page: 7 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 3026.56 · debtor: Empowered Networks Inc. · creditor: Stoneworks Technologies Inc. · currency: CAD
unsecured creditorsnote: Accounts payable · page: 7 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 56145.88 · debtor: Empowered Networks Inc. · creditor: Taborda · currency: CAD
unsecured creditorsnote: Severance pay/Termination pay, aggregate for unnamed 'Various Employees'; no priority claimed (Preferred/Priorities column shows $0.00) · page: 7 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 1 · debtor: Empowered Networks Inc. · creditor: Various Employees · currency: CAD
unsecured creditorsnote: Accounts payable · page: 7 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 22201.11 · debtor: Empowered Networks Inc. · creditor: Viadex Global IT Service Partner · currency: CAD
unsecured creditorsnote: Contractor claim · page: 7 · as of: 2025-09-19 · basis: Statement of Affairs (Form 78) as stated and estimated by bankrupt/debtor · amount: 1699.36 · debtor: Empowered Networks Inc. · creditor: Ray Leslie · currency: CAD