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STAR Dynamics marks $849,336 net loss in June, total sales of $335,636
By Kali Hays
New York, July 22 – STAR Dynamics Corp. posted a net loss of $849,336 on total sales of $335,636 for June, according to its monthly operating report filed July 22 with the U.S. Bankruptcy Court for the Southern District of Ohio.
Those numbers compare to a net loss of $945,592 for May on total sales of $148,154.
The company also reported cash on hand of $364,914 as of June 30, increasing from $254,937 at the end of May.
STAR Dynamics, a Hilliard, Ohio-based instrumentation radar systems company, filed for bankruptcy on Dec. 10. The Chapter 11 case number is 13-59657.
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