By Esther Carenza ( August 4, 2021, 10:48 AM EDT) -- Veracel Inc. (Veracel) filed bankruptcy proceedings and stopped carrying on its medical equipment business in 2002. On July 6, 2004, Birchcliff was incorporated as 1116463 Alberta Ltd., which changed to Birchcliff Energy Ltd. At the end of 2004, Veracel had a number of tax attributes, including $16,226,489 of its losses, expenses for scientific research activities, experimental development and investment tax credits as those of non-capital losses other than capital losses for its 2006 taxation year....