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Published on 11/14/2011 in the Prospect News Distressed Debt Daily.

Moonlight Basin Ranch reports $246,973 October loss from operations

By Jim Witters

Wilmington, Del., Nov. 14 - Moonlight Basin Ranch LP reported a $246,973 loss from operations for October on total revenue of $53,582, according to the company's monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Montana.

Those figures compare to a $724,622 loss from operations on total revenue of $892,482 in September.

The company reported a net loss in October of $980,575, compared to $1.23 million net loss in September.

Cash on hand fell to $628,508 as of Oct. 31 from $1.4 million at the end of September.

Moonlight Basin is an Ennis, Mont., resort. It filed for bankruptcy on Nov. 18, 2009, and its Chapter 11 case number is 09-62327.


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