I am the founder of Emerge Inc., a company that I started 11 months ago that quickly grew into 12 employees, a marketing team, a sponsorships director, and a number of experienced advisors. The team consisted of experienced professionals who had experience with the largest yoga festivals in the world.

It was my hope that with their experience and guidance I would be able to bring a high caliber yoga festival to Eastern Canada. We have solidified some of the biggest names in the yoga industry and have some significant brands supporting us in some form. Building the Emerge brand has been a full year journey for me.

Due to hiring contractors unable to fulfill their contractual obligations, my own poor judgment, our event grounds flooding and a weekend forecast of rain, we are cancelling the festival. I have lost my life’s savings and I regret to inform all attendees, contractors, vendors, sponsors & talent that we are insolvent. We are aiming to reimburse our ticket buyers very soon. I am working with professionals to proceed on a path with the minimal impact for all.

 I do not want to cancel the event but I am being advised that this is the best course of action for Emerge Festival.

On June 26, 2017, EMERGE made an assignment into bankruptcy and is Insolvent.

I am sorry. Thank you for your understanding.

 

IN THE MATTER OF THE INSOLVENT EMERGE INC. (Collectively the “EMERGE”)

TAKE NOTICE:

On June 26, 2017, EMERGE made an assignment into bankruptcy and is Insolvent.

Insolvency Act (the “BIA”). As a result of PMF’s assignment in bankruptcy:

The 2017 EMERGE - Canada's Yoga Festival™ IS CANCELLED.

The 2017 Emerge - Canada's Yoga Festival™. Scheduled for June 29 – July 2, 2017 is cancelled and will not proceed as scheduled.

We are working towards refunding ticket buyers. Unfortunatly, there are no automatic refunds from EMERGE FESTIVAL. As EMERGE is now insolvent, it has no ability to provide refunds. Proof of claim forms will be mailed to known EMERGE creditors in due course and made available on the Trustee’s website. A determination of recovery, if any, on the claims of ticket holders from the estate will not be known for several weeks. The Trustee will provide an update to creditors in due course.