Ontario · Bankruptcy

Creditors Package, April 11, 2023

Meeting materials · 11 April 2023

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appointeeBDO Canada Limited / BDO Canada Limitée
appointee roletrustee
commencement date11 April 2023
court file no35-2931581
proceeding typebia_bankruptcy
provinceOntario
statutory basisSubsection 102(1) of the Act
statutory basisSubsection 102(1) of the Act
financial positionnote: Statement includes unsecured creditors $1,729,945.26, balance of secured claims $589,329.00 (total unsecured $2,319,274.26), secured creditors $10,671.00, preferred creditors $0.00, contingent/other liabilities $0.00; resulting deficiency of $2,319,274.26 · page: 2 · as at: 2023-04-06 · basis: Statement of Affairs (Business Bankruptcy) as stated and estimated by the officer, Form 78 · scope: Entity - Cicer One Technologies Inc. · currency: CAD · total assets: 10671 · total liabilities: 2329945.26
unsecured creditorspage: 3 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 180000 · debtor: Cicer One Technologies Inc. · creditor: China Canada Angel Alliance Ltd. (Alan Yang VP) · currency: CAD
unsecured creditorspage: 3 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 3036 · debtor: Cicer One Technologies Inc. · creditor: BLP Law · currency: CAD
unsecured creditorsnote: Related party (bankrupt's officer/deponent) · page: 3 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 66315 · debtor: Cicer One Technologies Inc. · creditor: Bob Embleton · currency: CAD
unsecured creditorspage: 3 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 310 · debtor: Cicer One Technologies Inc. · creditor: Car-San Manufacturing · currency: CAD
unsecured creditorspage: 3 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 18182 · debtor: Cicer One Technologies Inc. · creditor: Avidrone Aerospace Inc. · currency: CAD
unsecured creditorsnote: Separate listed claim for same creditor · page: 3 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 30000 · debtor: Cicer One Technologies Inc. · creditor: China Canada Angel Alliance Ltd. (Alan Yang VP) - second claim · currency: CAD
unsecured creditorsnote: CRA claim listed · page: 3 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 1 · debtor: Cicer One Technologies Inc. · creditor: CRA - Tax - Ontario (BN 81216 4440) · currency: CAD
unsecured creditorspage: 3 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 630 · debtor: Cicer One Technologies Inc. · creditor: David Eby · currency: CAD
unsecured creditorspage: 3 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 50000 · debtor: Cicer One Technologies Inc. · creditor: (Robert) Dongsheng Zhao · currency: CAD
unsecured creditorspage: 3 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 50000 · debtor: Cicer One Technologies Inc. · creditor: 2104181 Ontario Ltd. (Schmalhofer tx from Joe/Goran/B) · currency: CAD
unsecured creditorspage: 3 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 50000 · debtor: Cicer One Technologies Inc. · creditor: 2104181 Ontario Ltd. (Schmalhofer Personal) · currency: CAD
unsecured creditorspage: 3 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 50000 · debtor: Cicer One Technologies Inc. · creditor: 2283674 Ontario Inc. (Joe, Goran) · currency: CAD
unsecured creditorspage: 3 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 10000 · debtor: Cicer One Technologies Inc. · creditor: 2678160 Ontario Inc (Jeff Gray) · currency: CAD
unsecured creditorspage: 3 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 40000 · debtor: Cicer One Technologies Inc. · creditor: 2678166 Ontario Inc (Paul Gray) · currency: CAD
unsecured creditorspage: 3 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 50000 · debtor: Cicer One Technologies Inc. · creditor: 2798638 Ontario Inc. (Goran, Schmalhofer tx from Joe/G) · currency: CAD
unsecured creditorspage: 3 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 5000 · debtor: Cicer One Technologies Inc. · creditor: Armor Security Automation Inc (John Fabac) · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 125000 · debtor: Cicer One Technologies Inc. · creditor: Linkco Investments Inc (Attn: Gord Linkletter) · currency: CAD
unsecured creditorsnote: Address in Buffalo NY, currency shown as-listed (assumed USD given US address, unconfirmed) · page: 4 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 14750 · debtor: Cicer One Technologies Inc. · creditor: Lippes Mathias LLP · currency: USD
unsecured creditorspage: 4 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 5000 · debtor: Cicer One Technologies Inc. · creditor: Marino Filiplic · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 1000 · debtor: Cicer One Technologies Inc. · creditor: Marylin Ma · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 20135 · debtor: Cicer One Technologies Inc. · creditor: McCarter Grespan Lawyers · currency: CAD
unsecured creditorsnote: Address in UK, currency as-listed · page: 4 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 30141 · debtor: Cicer One Technologies Inc. · creditor: Meghraj Capital LLP · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 10000 · debtor: Cicer One Technologies Inc. · creditor: Michael Kimeda · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 3698.22 · debtor: Cicer One Technologies Inc. · creditor: Michael Kimeda - second claim · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 5445 · debtor: Cicer One Technologies Inc. · creditor: Norm Jobes · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 4140 · debtor: Cicer One Technologies Inc. · creditor: Hari Stirbet · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 15000 · debtor: Cicer One Technologies Inc. · creditor: Hari Stirbet - second claim · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 10000 · debtor: Cicer One Technologies Inc. · creditor: Hector Delgado · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 50000 · debtor: Cicer One Technologies Inc. · creditor: Hi Tech We Media (Victor (Changhai) Zhao) · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 10000 · debtor: Cicer One Technologies Inc. · creditor: Jason Daley · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 5000 · debtor: Cicer One Technologies Inc. · creditor: Jason Mills · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 280 · debtor: Cicer One Technologies Inc. · creditor: Kevtron Industries · currency: CAD
unsecured creditorspage: 4 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 7500 · debtor: Cicer One Technologies Inc. · creditor: LGP Kirby Family Trust (Jeff Kirby) · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 29047 · debtor: Cicer One Technologies Inc. · creditor: Ross Steckley - second claim · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 50000 · debtor: Cicer One Technologies Inc. · creditor: Nugget Best Co (Lin Zhao) · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 30000 · debtor: Cicer One Technologies Inc. · creditor: OneSoftWay Inc (Attn: Gheorghe Kovacsik) · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 30000 · debtor: Cicer One Technologies Inc. · creditor: OneSoftWay Inc (Gheorghe Kovacsik) - second claim · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 10000 · debtor: Cicer One Technologies Inc. · creditor: Patrick McGarry LTD (uOttawa MBA) · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 5872 · debtor: Cicer One Technologies Inc. · creditor: Paul Keupfer · currency: CAD
unsecured creditorsnote: Related party (Bob Embleton, deponent of SOA) · page: 5 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 32719.04 · debtor: Cicer One Technologies Inc. · creditor: Perigee Convergent Solutions Inc (Bob Embleton) · currency: CAD
unsecured creditorsnote: Related party (Bob Embleton, deponent of SOA) · page: 5 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 10000 · debtor: Cicer One Technologies Inc. · creditor: Perigee Convergent Solutions Inc (Bob Embleton) - second claim · currency: CAD
unsecured creditorsnote: Related party (Bob Embleton, deponent of SOA) · page: 5 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 61400 · debtor: Cicer One Technologies Inc. · creditor: Perigee Convergent Solutions Inc (Bob Embleton) - third claim · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 5000 · debtor: Cicer One Technologies Inc. · creditor: Rita Sprague · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 10000 · debtor: Cicer One Technologies Inc. · creditor: Rob Carreon · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 24374 · debtor: Cicer One Technologies Inc. · creditor: Ross Steckley · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 18397 · debtor: Cicer One Technologies Inc. · creditor: Ryan Ge · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 5000 · debtor: Cicer One Technologies Inc. · creditor: Sandbox Enterprise Inc (Adrian Tiganila) · currency: CAD
unsecured creditorsnote: Address in England, currency as-listed · page: 5 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 987 · debtor: Cicer One Technologies Inc. · creditor: Sandstar Communications Limited · currency: CAD
unsecured creditorspage: 5 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 1 · debtor: Cicer One Technologies Inc. · creditor: Scotiabank c/o Canaccede International Management Ltd. · currency: CAD
unsecured creditorsnote: Address in Japan, currency as-listed · page: 6 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 35000 · debtor: Cicer One Technologies Inc. · creditor: Unified Communications · currency: CAD
unsecured creditorspage: 6 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 200000 · debtor: Cicer One Technologies Inc. · creditor: Wayne Kemick · currency: CAD
unsecured creditorspage: 6 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 5000 · debtor: Cicer One Technologies Inc. · creditor: Xianglin Ding · currency: CAD
unsecured creditorspage: 6 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 10000 · debtor: Cicer One Technologies Inc. · creditor: XiaoQing Du · currency: CAD
unsecured creditorspage: 6 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 6018 · debtor: Cicer One Technologies Inc. · creditor: XiaoQing Du - second claim · currency: CAD
unsecured creditorspage: 6 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 5000 · debtor: Cicer One Technologies Inc. · creditor: Zoran Filiplic · currency: CAD
unsecured creditorspage: 6 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 5000 · debtor: Cicer One Technologies Inc. · creditor: Tom Thomson · currency: CAD
unsecured creditorspage: 6 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 20000 · debtor: Cicer One Technologies Inc. · creditor: Takeshi Kimeda · currency: CAD
unsecured creditorspage: 6 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 15000 · debtor: Cicer One Technologies Inc. · creditor: Sylvie Piercy · currency: CAD
unsecured creditorspage: 6 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 100000 · debtor: Cicer One Technologies Inc. · creditor: Steve McCartney · currency: CAD
unsecured creditorsnote: Related party (same surname as Bob/Robert Embleton, officer) · page: 6 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 20000 · debtor: Cicer One Technologies Inc. · creditor: Sheri Embleton - second claim · currency: CAD
unsecured creditorsnote: Related party (same surname as Bob/Robert Embleton, officer) · page: 6 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 5566 · debtor: Cicer One Technologies Inc. · creditor: Sheri Embleton · currency: CAD
unsecured creditorspage: 6 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 1 · debtor: Cicer One Technologies Inc. · creditor: Scotiabank Visa c/o Canaccede International Management Ltd. · currency: CAD
unsecured creditorsnote: CEBA loan · page: 6 · as of: 2023-04-06 · basis: Statement of Affairs List A as reported · amount: 60000 · debtor: Cicer One Technologies Inc. · creditor: Scotiabank c/o Canaccede International Management Ltd. (CEBA) · currency: CAD
secured creditorsnote: Balance of claim per Statement of Affairs List B; amount of claim of $600,000.00 is the registered/facility amount, not the outstanding balance · page: 7 · as of: 2023-04-06 · amount: 589329 · debtor: Cicer One Technologies Inc. · creditor: Export Development Canada (LOC) · currency: CAD · security: Amount of claim (registered/advanced) $600,000.00; security over Inventory (est. value $8,500.00), Furniture (est. value $2,170.00), Patent and IP (est. value $1.00)