Octane Motorsports Events Inc. bankruptcy document released
2:00pm
Travis Dosser
10/3/2012
The Montreal based company that brought you the Edmonton Indy this past summer has officially filed for bankruptcy and the papers have hit the internet.
Copies of the filings have been mailed to clients of Octane Motorsports Events Inc., the company that was in charge of the Indy, and 40 listed on the four-page document are from Edmonton and area.
Photo: Lists of companies owed
Pink highlighted companies are from Edmotnon and area
If you add together all money owed to Edmonton companies, you’ll find Octane owes just over $837,500.
Soren Wakelin works in sales for Fast Fence Rentals, which is listed in the document as being owed over $38,000.
“Something that obviously we’re not happy about, it’s something that impacts our family organization and it’s frustrating I guess,” explains Wakelin.
Warren Stevenson owner of MFP Mohawk Fuel Products confirms he too is owed money, close to $28,000.
Both companies, along with others on the list, say they can’t say much as their lawyers have instructed them to keep quiet for now.
Read the documents yourself by clicking the link.
The proposal documents were filed September 17th, 2012 in Montreal, Quebec. (twd)
On the Net:
Octane Motorsports Events Inc. bankruptcy documents
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