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KCMVNO reports $58,438 January net loss
By Caroline Salls
Pittsburgh, March 2 - KCMVNO, Inc., formerly Movida Communications, Inc., reported a $58,438 net loss for January on zero revenues, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, the company posted a $3.14 million net loss for December, also on zero revenues.
KCMVNO had $1.29 million in cash and cash equivalents at Jan. 31, down from $1.37 million at the end of December.
The Kansas City, Mo.-based mobile virtual network operator that provides wireless services to Hispanic communities filed for bankruptcy on March 31, 2008. Its Chapter 11 case number is 08-10600.
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