WorldVentures posts $1.87 million net loss for March, zero revenue

By Sarah Lizee

Olympia, Wash., April 21 – Spherature Investments LLC, which does business as WorldVentures, reported a $1.87 million net loss on zero net revenue for the March period, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the Eastern District of Texas.

In comparison, the company posted a $1.75 million net loss for February, also on zero net revenue.

The company had $311,040 in cash at the end of March, compared to $306,173 at the end of February.

Plano, Tex.-based WorldVentures sells travel and lifestyle community memberships. The company filed bankruptcy on Dec. 21 under Chapter 11 case number 20-42492.

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