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Nellson Nutraceutical reports negative $701 EBITDA for June 30 to Aug. 3
By Caroline Salls
Pittsburgh, Aug. 22 - Nellson Nutraceutical, Inc. posted negative $701 in EBITDA for the period of June 30 to Aug. 3 on zero sales, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, the company posted negative $43,394 in EBITDA for the period of June 2 to June 29, also on zero sales.
The net operating loss for the latest period was also $701, narrowing from a $43,394 net operating loss for the previous period.
Cash and marketable securities on Aug. 3 were $24.06 million, compared with $21.93 million on June 29.
Nellson, an Irwindale, Calif., nutrition bar and powder manufacturer, filed for bankruptcy on Jan. 28, 2006. Its Chapter 11 case number is 06-10072.
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