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Published on 2/17/2016 in the Prospect News Distressed Debt Daily.

NE Opco sees net loss widen to $37,664 in January on zero net sales

By Caroline Salls

Pittsburgh, Feb. 17 – NE Opco, Inc. posted a $37,664 net loss for January on zero net sales, according to its monthly operating report filed Feb. 17 with the U.S. Bankruptcy Court for the District of Delaware.

For December, NE Opco reported a $16,845 net loss, also on zero net sales.

In addition, the company had $349,792 in cash and cash equivalents as of Jan. 31, up slightly from $348,548 at the end of December.

NE Opco, a Frisco, Texas-based privately held envelope manufacturer doing business as National Envelope, filed for bankruptcy on June 10, 2013. Its Chapter 11 case number is 13-11483.


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