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Quantum Foods shows net loss of $538,359 during November, zero sales
By Kali Hays
New York, Jan. 7 – Quantum Foods, LLC reported a net loss of $538,359 on zero net sales for Nov. 1 through Nov. 28, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.
Those numbers compare to a net loss of $545,376 during Oct. 4 through Oct. 31, also on zero net sales.
Quantum also posted negative $38,964 of EBITDA for November, an increase from negative $37,403 during the October period.
The company also had $22,195 in cash as of Nov. 28, dropping from $56,443 as of Oct. 31.
Quantum Foods, an Illinois-based provider of cooked beef, poultry and pork for school, military and retail outlets, filed for bankruptcy on Feb. 18, 2014 under Chapter 11 case number 14-10318.
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