ActionNo.0801-05811创新.PDFVIP

Action No. 0801-05811 IN THE COURT OF QUEEN’S BENCH OF ALBERTA JUDICIAL DISTRICT OF CALGARY Between: ALBERTA TREASURY BRANCHES Plaintiff (Applicant) -and- PENN-TEK TRUSS FLOOR SYSTEMS INC., 1006459 ALBERTA LTD., ARNOLD AND DOROTHY PENNER Defendants (Respondents) FIRST REPORT OF THE COURT-APPOINTED RECEIVER OF PENN-TEK TRUSS FLOOR SYSTEMS INC. DELOITTE TOUCHE INC. July 3, 2008 TABLE OF CONTENTS INTRODUCTION AND BACKGROUND 1 Introduction 1 Notice to Reader 1 Background1 RECEIVER’S APPOINTMENT2 Powers of the Receiver2 Possesion and Control……………………………………………………………...…...……….2 ASSETS 2 Manufacturing Assets2 Accounts Receivable…………………………………………………………………………3 Finished Goods Inventory………………………………………………………………………..3 Leased Assets…………………………………………………………………………………….3 LIABILITIES…………3 Priority Creditors 3 Secured Creditors…..…………………………………………………………………………4 Preferred and Ordinary Unsecured Creditors 4 STATEMENT OF RECEIPTS AND DISBURSEMENTS 4 SALE PROCESS 5 CONCLUSION 6 SCHEDULES Schedule 1 Correspondences from Canada Revenue Agency dated June 25 and June 26, 2008 Schedule 2 Receiver’