Alberta · Bankruptcy

First Meeting of Creditor's Package

Meeting materials · 26 November 2024

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: Statement of Affairs shows a deficiency of -4,904,231.56 (the form also prints "Surplus 4,904,231.56" beside total liabilities). Liabilities: secured 162,593.00; preferred 0.00; unsecured 4,734,231.56; contingent/trust/other 170,000.00. Date of bankruptcy per Form 31 is 25 Nov 2024, while the Statement of Affairs is as at 31 Oct 2024. · as at: 2024-10-31 · basis: Form 78 Statement of Affairs (Corporate Bankruptcy), totals "as stated and estimated by bankrupt/debtor"; sworn/declared by director Joseph Billett; marked Original · scope: Single entity: Agfinity Inc. (Stony Plain, Alberta) · currency: CAD · total assets: 162593 · total liabilities: 5066824.56