Quebec · Bankruptcy
Trustee's Preliminary Report to Creditors
Court officer report · 21 December 2015
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What we verified from this filing9 verified · 1 withheld
- appointeeDeloitte Restructuring Inc.
- appointee roleTrustee
- courtSUPERIOR COURT
- court file no550-11-011497-097
- provinceQUEBEC
- financial positionnote: Book value of assets as of Sept 30, 2015 was $1,060,272 (current assets $1,023,828, long-term assets $36,444) vs. estimated net realization value of $251,119. Liabilities shown only at estimated net realization/claim value: secured (employees) $16,319, secured creditor $783,622, unsecured creditor(s) $1,017,064, total $1,817,004, resulting in estimated deficit of $1,565,886. · as at: 2015-12-04 · basis: estimated net realization value (unaudited), before costs of administration of the estate; book value of assets shown separately as of September 30, 2015 ($1,060,272) · scope: Imasight Inc. (entity) — Trustee's preliminary Summary of Assets and Liabilities · currency: CAD · total assets: 251119 · total liabilities: 1817004
- operational summaryImasight, a manufacturer of digital radiography solutions, made a voluntary assignment in bankruptcy on December 4, 2015 due to accumulated deficits and inability to secure financing; the Trustee has since closed its bank accounts and seized its inventory and equipment, indicating operations have ceased.
- recovery outcomeentries: basis: estimated · quote: It is therefore estimated that no funds will be available for the distribution of a dividend to the unsecured creditors of Imasight following the realization of all of the Bankrupt's assets. · pct of: unstated · outcome: nil · class key: unsecured · stated by: trustee · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · stated on: 2015-12-21 · table missing:
- report date21 December 2015
1 extracted value is withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.