Suitable Technologies sees $3.47 million net loss for May period

By Sarah Lizee

Olympia, Wash., June 22 – Suitable Technologies, Inc. reported a $3,467,268 net loss for the period ending May 31 on $14,328 in net revenue, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

The company had $565,726 in cash as of May 31.

Suitable Technologies is a Palo Alto, Calif.-based internet services and infrastructure company. The company filed bankruptcy on Feb. 26 under Chapter 11 case number 20-10432.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.