Quebec · CCAA
Fifth Report to the Court Submitted by Samson Bélair/Deloitte & Touche Inc. in its Capacity as Monitor
Court officer report · 26 January 2015
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 filing4 verified
- cash on handnote: Ending bank balance for the 2-week period ended January 25, 2015 (actual); budgeted ending balance was $6,214. Beginning balance was $104,338. · as at: 2015-01-25 · amount: 51299 · currency: CAD
- operational summaryThe Companies continue testing programs and discussions with potential clients toward a commercial agreement for the RHS technology, have secured additional DIP financing of $500,000 and an agreement with their main secured creditor Dundee, and are seeking a stay extension to March 19, 2015.
- report date26 January 2015
- report noFifth Report