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Published on 2/12/2015 in the Prospect News Distressed Debt Daily.

MacKeyser shows operational loss of $293,548 in December, zero revenue

By Kali Hays

New York, Feb. 12 – MacKeyser Holdings, LLC posted a $293,548 loss from operations in December on zero net revenue, according to its monthly operating report filed Feb. 12 with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, the company reported an operating loss of $74,470 on $965 of net revenue in November.

MacKeyser’s net loss was $599,128 in December, increasing from $461,912 in November.

The company also reported $1.12 million in unrestricted cash and equivalents as of Dec. 31, dropping from $5.94 million as of Nov. 30.

Las Vegas-based MacKeyser Holdings and operating affiliates American Optical Services, LLC and Exela Hearing Services, LLC manage integrated eye care and hearing systems providers. The company filed for bankruptcy on June 20, 2014 under Chapter 11 case number 14-11550.


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