Shareholders Stonewalled by Apparently Defunct B.C. Company
- Shareholders of BlueSky Organics, a Vernon soil and fertilizer company founded around 2014, have been stonewalled about their investments since around 2018 when Saskatchewan resident Aaron Cadrin invested $350,000.
- The company seems to have ceased operations while failing to repay shareholders, following ongoing internal conflicts and a 2023 BC Supreme Court ruling that revoked co-owner Matt Stromsten’s authority over the business.
- BlueSky's website has been offline since at least December 2023, its Facebook page inactive since March 2023, and its store closed, while the owner Mary Horvatincic has ignored multiple communication attempts.
- Court records reveal ongoing financial troubles including a $12,600 tax default in January 2025, a $24,000 WorkSafeBC fine, and a petition declaring the company’s mortgage in default filed in September 2023.
- These developments suggest possible insolvency and legal complications at BlueSky, leaving shareholders without answers and prompting some to consider securities complaints amid allegations of a 'domestic relationship gone sour.
Insights by Ground AI
Does this summary seem wrong?
16 Articles
16 Articles
All
Left
16
Center
Right
Coverage Details
Total News Sources16
Leaning Left16Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage