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Greenspace Brands Inc
106-2087 Dundas Street East
Phone: (416) 934-5034p:416 934-5034 MISSISSAUGA, ON  L4X 2V7  Canada Fax: (416) 934-5034f:416 934-5034
Filed for Bankruptcy on 11/22/2023
On 4/6/2023, GreenSpace Brands Inc. announced that the Company and certain of its subsidiaries, Love Child (Brands) Inc., Central Roast Inc. and Life Choices Natural Food Corp., commenced Restructuring Proceedings before the Ontario Superior Court of Justice (Commercial List) (the "Court") and obtained an initial Order of Protection from their Creditors under the Companies' Creditors Arrangement Act (Canada) ("CCAA"). PricewaterhouseCoopers Inc., LIT was appointed as the Monitor of the Companies.
On 9/26/2023, the Court issued the CCAA Distribution and Termination Order which, among other things, authorized PricewaterhouseCoopers Inc.in its capacity as Monitor to assign GreenSpace Brands Inc., 1052532 B.C. Ltd., Central Roast Inc., Life Choices Natural Food Corp., GSB Investment Corp., 2047480 Ontario Inc. and The Cold Press Corp. into Bankruptcy
On 11/22/2023, pursuant to the provisions of the Bankruptcy and Insolvency Act (Canada) (“BIA”) and the CCAA Distribution and Termination Order, the Companies were assigned into Bankruptcy and PwC was appointed as Licensed Insolvency Trustee (the “Trustee”) of the bankrupt estates of the Companies
This company is no longer actively traded on any major stock exchange.
Business Summary
GreenSpace Brands Inc. is an organic and natural food company. The Company is engaged in the principal business of creating, distributing and selling natural food products and brands into the North American natural food marketplace. The Company markets its services primarily in Canada and the United States. Its main brands include Love Child Organics, Central Roast and Go Veggie. Love Child Organics brand is a producer of organic food for infants and toddlers made with natural and nutritional ingredients. Central Roast is a snack brand featuring an assortment of organic nut and seed mixes. The GO VEGGIE brand is one of the pioneers and leaders in the United States plant-based dairy market. All brands are wholly owned and are sold in a variety of online, natural and retail grocery locations. Its products are classified into two types: lactose-free and plant-based. Its products include mozzarella, cheddar and pepper jack cheese.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/20223/31/2022Yes----

Industries
SIC Code Description
2032 Canned specialties
2068 Salted and roasted nuts and seeds
2096 Potato chips, corn chips, and similar snacks
2037 Frozen fruits, fruit juices, and vegetables
2043 Cereal breakfast foods
2022 Natural, processed, and imitation cheese
2099 Food preparations, not elsewhere classified
5149 Groceries and related products, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Executive Chairman of the Board, Interim Chief Executive Officer Paul K.Henderson 7/17/2020 2/26/2020
President - Go Veggie Brand C. ScottRiddle
Director TracyTidy 2/26/2020 2/26/2020
Independent Director GlennFagan 7/18/2020 7/18/2020
Independent Director MichaelLeclair 9/26/2019 9/26/2019

Subsidiaries
Business Name Address City State/Province Country
Galaxy Nutritional Foods, Inc. 5955 T. G. Lee Blvd Orlando FL United States
The Cold Press Corp. 6 Fallsview Road Etobicoke ON Canada
Nothing But Nature Inc. 1440 - 2 King Street North St. Jacobs ON Canada
3 additional Subsidiary records available in full report.

Business Names
Business Name
1706817 Ontario Ltd.
Central Roast Inc.
Everyday Fundraising Group
9 additional Business Names available in full report.

General Information
Outstanding Shares: 509,392,282 (As of 12/31/2022)
Stock Exchange: NEX
Fax Number: (416) 934-5034


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Friday, October 25, 2024