Manitoba · Bankruptcy
Creditor Package
Meeting materials · 23 August 2019
AI summary
A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.
What we verified from this filing1 verified
- financial positionnote: Total liabilities as stated comprise unsecured creditors 1,930,323.93 plus balance of secured claims 2,009,356.96 (total unsecured 3,939,680.89), secured creditors 683,000.00, preferred 0.00, contingent 0.00. Statement shows surplus NIL and deficiency 3,939,680.89. Assets are estimated realizable values (e.g. inventory 25,000; machinery/equipment 225,000; accounts receivable good 371,215.54 estimated to produce 396,000; other property 37,000), not book values. · as at: 2019-08-13 · basis: Statement of Affairs (Form 78) as stated and estimated by the officer of the bankrupt; sworn 19 August 2019 · scope: Shopost Ltd. (single entity) · currency: CAD · total assets: 683000 · total liabilities: 4622680.89