Notice to Creditors of Intention to Make a Proposal (Subsection 50.4(6»

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Elmer Townsend
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1 CANADA Province of Quebec District of: Quebec Division No.: 01-Montreal Court No.: Estate No.: SUPERIOR COURT (Commercial Division) Bankruptcy and Insolvency Act Notice to Creditors of Intention to Make a Proposal (Subsection 50.4(6» In the Matter of the Notice of Intention to make a Propoal of Ot the City of Montreal In the Province of Quebec Notice is hereby given that, on December 10, 2012, the above-mentioned Debtor filed a Notice of Intention to Make a Proposal under the Bankruptcy and Insolvency Act, as per a copy attached hereto. Notice is further given that in accordance with Section 69 of the Bankruptcy and Insolvency Act, all proceedings against the Debtor are hereby stayed. Accordingly, no creditor has any remedy against the Debtor or its assets, nor shall it commence or continue any action, execution, or other proceedings for the recovery of a claim. A list of the creditors with claims amounting to $250 or more and the amounts of their claims as known or shown by the Debtor's books is annexed hereto. The enclosure thereof does not constitute the acceptance of any claim or claims. Upon the filing of the contemplated Proposal, a further notice shall be mailed to you providing you with the following: a) A copy of the Proposal; b) The date, time and place of a Meeting of Creditors to be held to consider the Proposal; c) A condensed statement of the assets and liabilities of the Debtor; d) The following prescribed forms, to be completed: Proof of Claim; Proxy; Voting Letter on the Proposal. Should the Debtor fail to file a Proposal within the prescribed delays, an automatic bankruptcy will ensue and the Trustee will forthw ith convene a meeting of creditors. Dated at Montreal, Province of Quebec, December 14, Richter Advisory Group Inc. (formerly RSM Richter Inc.) Per: gues, CPA, CA, CIRP Admi s ator 1981 Gill College, 12 th Floor Montreal, Quebec H3A OG6 Telephone:

2 District of: Division No. Court No. Estate No. Quebec 01- Montreal FORM33- Notice of Intention To Make a Proposal (Subsection 50.4(1) ofthe Act) Inthe Matter ofthe Notice ofintention tomake a Propoal of Ofthe City ofmontreal In the Province of Quebec Take notice that 1. I,, an insolvent person, state, pursuant to subsection 50.4(1) ofthe Act, that I intend to make a proposal to my creditors. 2. RSM Richter Inc. of 1981 McGill College, 12th Floor, Montreal, QC, H3A OG6, a licensed trustee, has consented to act as trustee under the proposal. A copy ofthe consent is attached. 3. A list ofthe names ofthe known creditors with claims of$250 ormore and the amounts oftheir claims is also attached 4. Pursuant tosection 69 ofthe Act, all proceedings against me are stayed as ofthe date offiling ofthis notice with the official receiver inmy locality. Dated atthe City ofmontreal inthe Province ofquebec, this 10th day ofdecember 2""",0~-. To be completed by Official Receiver: Filing Date _ Official Receiver Page 1of2

3 AMENDED Listof Creditors withclaims of $250 or more. Creditor Address Accounl# ClaimAmount 174 SPADINA AVENUE REALTY 174 SPADINAAVE TORONTO ON M5T 2C2 9, ALL TYPE TRANSPORT BOUTIQUE NEW BREED QUEBEC INC CONSOLIDATED FASTFRATE INC DELL CANADA INC. 155 GORDON BAKER RD # 501 NORTH YORK ON M2H 3N5 1, EMBALLAGES DE LA BEAUCE INC (LES) ISABEL J. SCHURMAN, IN TRUST 625 BOUL RENE-LEVESQUE # 620 MONTREAL QC H3B 1R2 1, JPS LOGISTIQUE INC KAUFMAN LARAMEE 800 BOUL RENE-LEVESQUE # 2220 MONTREAL QC H3B 1X9 21, MARK EDWARDS APPAREL INC 225 CHABANEL WEST # 600 MONTREAL QC H2N 2C9 89, NEXIA FRIEDMAN LLP 800 BOUL DECARIE # 500 MONTREAL QC H4P 254 1, PITNEY BOWES PRINCIPE SPA VIA LUNGOLAGO DUCA DEGLI ABRUZZI166, CALCINATE DEL PESCE VARESSE21100 ITALY ROGERS BUSINESS SOLUTIONS SIXTY FAR EAST LTO. 10/FJOS TOWER MILLENNIUM CITY2,378K, WUN TONG ROAD K.W. KOWLOON HONG KONG 507, SIXTY SPA VIA ERASMO PIAGGIO, 35 CHIETI SCALO CHIETI66100 ITALY 6,668, STELLAR PROPERTIES LTD HOMER ST VANCOUVER BC V6B 2X1 11, THE HEADHUNTERS.CA 625 HOWE ST #200- THE STANDARD LIFE BUILDING VANCOUVER BC V6C 2T6 10, Total 7,326,958.56

4 - Proposal Consent - Inthe Matter ofthe Notice of Intention to Make a Proposal of Ofthe City ofmontreal In the Province ofquebec To whom it may concern, This istoadvise that we hereby consent toact as trustee under the Bankruptcy and Insolvency Act for the proposal of Dated atthe City ofmontreal inthe Province ofquebec, this 10 th day ofdecember RSM Richter Inc. - Trustee Per:... Benoit 9itl9 es, CPA, CA, CIRP 1981 ~ih College, 12th Floor Montreal QC H3A OG6 Phone: Fax:

5 1+1 OffIce of the Superintendent of Bankruptcy Canada An Agency of Industry Canada Bureau du surintendant des faillites Canada Un organlsme d'industrie Canada District of Division No. Court No. Estate No. Quebec 01 - Montreal In the Matter of the Notice of Intention to make a proposal of: Insolvent Person RSM RICHTER INC. Trustee Date of the Notice of Intention: December 10, 2012 CERTIFICATE OF FILING OF A NOTICE OF INTENTION TO MAKE A PROPOSAL Subsection 50,4 (1) I, the undersigned, Official Receiver in and for this bankruptcy district, do hereby certify that the aforenamed insolvent person filed a Notice of Intention to Make a Proposal under subsection 50,4 (1) of the Bankruptcy and Insolvency Act. Pursuant to subsection 69(1) of the Act, all proceedings against the aforenamed insolvent person are stayed as of the date of filing of the Notice of Intention. E-File/Depot Electronique Canada Date: December 10, 2012, 13:14 Official Receiver, 5, Place Ville Marie, 8e etage, Montreal, Quebec, Canada, H3B2G2, (877)

ASSETS (as stated and estimated bythe officer) 7,328, ,328, ,328, NIL

ASSETS (as stated and estimated bythe officer) 7,328, ,328, ,328, NIL District of: Division No. Court No. Estate No. Quebec 01 - Montreal 500-11-043786-124 41-1695261 [RJOriginal - Form 78-- Statement of Affairs (Business Proposal) made by an enitity (Subsection 49(2) andparagraph