Quigley reports $408,365 net loss for May on $50,001 of revenues

By Lisa Kerner

Charlotte, N.C., June 16 - Quigley Co. Inc. reported a $408,365 net loss for May on $50,001 of revenues, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Southern District of New York.

In comparison, the company posted a $432,086 net loss for April, also on $50,001 of revenues.

Cash and short-term investments at May 31 were $88,603, down from $106,563 at the end of April.

Quigley, a unit of Pfizer Inc., filed for bankruptcy on Sept. 3, 2004. Its Chapter 11 case number is 04-15739.

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