Myoperformance Lab Inc. dba RND Athletics, Bankruptcy

Myoperformance Lab Inc. dba RND Athletics, which operated as a gym and fitness centre out of a sole location in the Leslieville area of Toronto, Ontario, filed an assignment in bankruptcy on January 17 listing approximately $360 thousand in liabilities.

The company suffered from cashflow problems and was unable to satisfy its financial obligations to various secured creditors, as well as the landlord of the company's operating premises.

Grant Thornton is the bankruptcy trustee.