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VeroBlue Farms USA records $839,940 net loss for May on zero sales
By Caroline Salls
Pittsburgh, June 27 – VeroBlue Farms USA, Inc. posted an $839,940 net loss for May on zero sales, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Northern District of Iowa.
Those figures compared to a $1.28 million net loss posted for April, also on zero sales.
As of May 31, the company had $360,551 in total operating cash, up from $236,780 at the end of April.
VeroBlue Farms is based in Webster City, Iowa. It filed for bankruptcy on Sept. 21, 2018 under Chapter 11 case number 18-01297.
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