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Published on 5/21/2009 in the Prospect News Distressed Debt Daily.

Espre Solutions reports $386,375 April net loss on zero revenues

By Jennifer Lanning Drey

Portland, Ore., May 21 - Espre Solutions, Inc. posted a $386,375 net loss on zero revenues for April, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Northern District of Texas.

In comparison, Espre reported a $446,009 net loss for March, also on zero revenues.

The company had $39,154 of cash at April 30, down from $311,179 at the end of March.

Espre, a Dallas-based video media solutions and technology company, filed for bankruptcy on Jan. 30. Its Chapter 11 case number is 09-30572.


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