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KCMVNO reports $55,473 net loss for August
By Caroline Salls
Pittsburgh, Sept. 18 - KCMVNO, Inc., formerly Movida Communications, Inc., reported a $55,473 net loss for August on zero revenues, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, the company posted a $95,614 net profit in July, also on zero revenues.
KCMVNO had $1.38 million in cash and cash equivalents at Aug. 31, up slightly from $1.37 million at the end of July.
The Kansas City, Mo.-based mobile virtual network operator that provides wireless services to Hispanic communities filed for bankruptcy on March 31. Its Chapter 11 case number is 08-10600.
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