British Columbia · Bankruptcy

Creditors Package

Meeting materials · 26 November 2024

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appointeeB. Riley Farber Inc.
appointee roleTrustee
commencement date25 November 2024
provinceBritish Columbia
statutory basisSubsection 102(1) of the Act
financial positionnote: Summary page: Secured creditors 0.00, Preferred creditors/securities/priorities 0.00 (no secured or preferred creditors), Unsecured creditors 1,368,651.20, Contingent/trust claims or other liabilities 48,306.58 (CRA deemed trust), Total liabilities 1,416,957.78. Total assets 3,254.07: cash on hand (Bank of Montreal) 3,251.07 plus nominal $1 each for 100% interest in Shiny Bud Inc. (insolvent), 100% interest in Mihi Health & Wellness Inc., and intercompany accounts receivable. Deficiency -1,413,703.71. SOA states affairs as at 22 November 2024; the notice/proof of claim give the date of bankruptcy (assignment) as 25 November 2024. · page: 2 · as at: 2024-11-22 · basis: Statement of Affairs (Form 78, Corporate Bankruptcy); totals as stated and estimated by bankrupt/debtor, sworn (DocuSigned) by Brad Kipp on 22 November 2024 · scope: Single entity: Shiny Health & Wellness Corp. (fka Shinybud Corp., Cedarmont Capital Corp.), City of Vancouver, British Columbia · currency: CAD · total assets: 3254.07 · total liabilities: 1416957.78
unsecured creditorsnote: Individual (Los Angeles CA, USA); nature: Loans from Individuals · page: 4 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 5000 · debtor: Shiny Health & Wellness Corp. · creditor: Aaron Lamkin · currency: CAD
unsecured creditorsnote: Accounts payable · page: 4 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 28524.59 · debtor: Shiny Health & Wellness Corp. · creditor: Anytime IT & Security · currency: CAD
unsecured creditorsnote: Accounting fees · page: 4 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 309366.05 · debtor: Shiny Health & Wellness Corp. · creditor: BDO Canada LLP · currency: CAD
unsecured creditorsnote: Accounts payable · page: 4 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 27.95 · debtor: Shiny Health & Wellness Corp. · creditor: Beanfield Metroconnect · currency: CAD
unsecured creditorsnote: Legal fees (Calgary AB) · page: 4 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 28690.85 · debtor: Shiny Health & Wellness Corp. · creditor: Bennett Jones LLP · currency: CAD
unsecured creditorsnote: Legal fees · page: 4 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 56758.12 · debtor: Shiny Health & Wellness Corp. · creditor: Cassels Brock & Blackwell LLP · currency: CAD
unsecured creditorsnote: Accounts payable · page: 4 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 11616.18 · debtor: Shiny Health & Wellness Corp. · creditor: CNW · currency: CAD
unsecured creditorsnote: Accounts payable · page: 5 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 1825.25 · debtor: Shiny Health & Wellness Corp. · creditor: DSA Corporate Services Inc · currency: CAD
unsecured creditorsnote: Accounts payable (name shown as 'Computers hare' via OCR; 100 University Ave, Toronto) · page: 5 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 8805.31 · debtor: Shiny Health & Wellness Corp. · creditor: Computershare · currency: CAD
unsecured creditorsnote: Accounts payable (Saint Louis MO, USA) · page: 5 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 44453.83 · debtor: Shiny Health & Wellness Corp. · creditor: Cushman & Wakefield U.S., Inc. · currency: CAD
unsecured creditorsnote: Accounts payable · page: 5 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 672.35 · debtor: Shiny Health & Wellness Corp. · creditor: DSA Filing Services · currency: CAD
unsecured creditorsnote: Accounts payable · page: 5 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 15479.26 · debtor: Shiny Health & Wellness Corp. · creditor: Dialogue Health Technologies Inc. · currency: CAD
unsecured creditorsnote: Individual; nature: Employee (recorded in the unsecured column, not marked preferred by the document) · page: 5 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 3813.25 · debtor: Shiny Health & Wellness Corp. · creditor: Dominic Lavallée · currency: CAD
unsecured creditorsnote: Legal fees (Minneapolis MN, USA) · page: 5 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 986.5 · debtor: Shiny Health & Wellness Corp. · creditor: Dorsey & Whitney LLP · currency: CAD
unsecured creditorsnote: Accounts payable · page: 6 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 13560 · debtor: Shiny Health & Wellness Corp. · creditor: INFOR Financial Inc. · currency: CAD
unsecured creditorsnote: Accounts payable · page: 6 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 21674.83 · debtor: Shiny Health & Wellness Corp. · creditor: Firepower Financial Corporation · currency: CAD
unsecured creditorsnote: Legal fees (London ON) · page: 6 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 4288.35 · debtor: Shiny Health & Wellness Corp. · creditor: Harrison Pensa Lawyers · currency: CAD
unsecured creditorsnote: Accounts payable · page: 6 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 2388.47 · debtor: Shiny Health & Wellness Corp. · creditor: Hub Technology Group Inc. · currency: CAD
unsecured creditorsnote: Accounts payable · page: 6 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 65.54 · debtor: Shiny Health & Wellness Corp. · creditor: InStore Water Systems · currency: CAD
unsecured creditorsnote: Legal fees · page: 6 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 8343.92 · debtor: Shiny Health & Wellness Corp. · creditor: Lantz Legal · currency: CAD
unsecured creditorsnote: Accounts payable (Vancouver BC) · page: 6 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 15813.13 · debtor: Shiny Health & Wellness Corp. · creditor: Pacific Blue Holdings Ltd. · currency: CAD
unsecured creditorsnote: Accounts payable · page: 6 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 5650 · debtor: Shiny Health & Wellness Corp. · creditor: Q4 Inc. · currency: CAD
unsecured creditorsnote: Accounts payable · page: 7 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 11725.27 · debtor: Shiny Health & Wellness Corp. · creditor: Skytel Networks Inc. · currency: CAD
unsecured creditorsnote: Accounts payable (Vancouver BC) · page: 7 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 21425 · debtor: Shiny Health & Wellness Corp. · creditor: Stockhouse Publishing Ltd. · currency: CAD
unsecured creditorsnote: Accounts payable (Calgary AB) · page: 7 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 4329.33 · debtor: Shiny Health & Wellness Corp. · creditor: TSX Venture Exchange · currency: CAD
unsecured creditorsnote: Accounts payable · page: 7 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 84750 · debtor: Shiny Health & Wellness Corp. · creditor: Venture Liquidity Providers Inc · currency: CAD
unsecured creditorsnote: Individual; nature: Note Payable (Brossard QC). Largest single unsecured claim. · page: 7 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 604487 · debtor: Shiny Health & Wellness Corp. · creditor: Micah Dass · currency: CAD
unsecured creditorsnote: Accounts payable · page: 7 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 45000 · debtor: Shiny Health & Wellness Corp. · creditor: LH Finance Ltd. · currency: CAD
unsecured creditorsnote: Tax authority (Canada Revenue Agency), deemed-trust class; amount recorded in the Contingent/trust claims column (48,306.58), unsecured column 0.00; nature Taxes Federal/Provincial/Municipal; Shawinigan-Sud QC · page: 7 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 48306.58 · debtor: Shiny Health & Wellness Corp. · creditor: CRA - Tax Ontario · currency: CAD
unsecured creditorsnote: Provincial tax authority (ON PST, EHT & other taxes), deemed-trust/tax class; recorded in unsecured column; Attn: Mrs. Asta Alberry, Oshawa ON · page: 7 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 4832.25 · debtor: Shiny Health & Wellness Corp. · creditor: Ministry of Finance - ON PST, EHT & Other Taxes · currency: CAD
unsecured creditorsnote: Employee claims (various); nominal $1.00 placeholder amount; recorded in the unsecured column, not marked preferred by the document · page: 7 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 1 · debtor: Shiny Health & Wellness Corp. · creditor: Employees - Various · currency: CAD
unsecured creditorsnote: Regulatory body (WSIB); Attn: Eric Kupka, Toronto ON; recorded in the unsecured column · page: 8 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 1592.71 · debtor: Shiny Health & Wellness Corp. · creditor: Workplace Safety and Insurance Board · currency: CAD
unsecured creditorsnote: Individual (Kitchener ON); nature: Loans from Individuals · page: 8 · as of: 2024-11-22 · basis: Statement of Affairs (Form 78) list of liabilities, as reported by bankrupt/debtor · amount: 2704.91 · debtor: Shiny Health & Wellness Corp. · creditor: Michael Nadeau · currency: CAD
secured creditors