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WorldVentures posts $1.59 million net loss for July, zero revenue
By Sarah Lizee
Olympia, Wash., Aug. 20 – Spherature Investments LLC, which does business as WorldVentures, reported a $1.59 million net loss on zero net revenue for the July period, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Eastern District of Texas.
The company had $380,773 in cash at the end of July.
Plano, Tex.-based WorldVentures sells travel and lifestyle community memberships. The company filed bankruptcy on Dec. 21, 2020 under Chapter 11 case number 20-42492.
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