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Published on 9/28/2007 in the Prospect News Distressed Debt Daily.

Communications Corp. of America posts $967,186 August income from operations

By Jennifer Lanning Drey

Portland, Ore., Sept. 28 - Communications Corp. of America, Inc. reported $967,186 of income from operations for August on $6.01 million in revenues, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Western District of Louisiana.

The figures compared to $464,089 of income from operations for July on $5.43 million in revenues.

The net loss for August was $3.69 million, compared with a July net loss of $4.06 million.

Cash on Aug. 31 was $7.12 million. The cash balance at the end of July was $7.29 million.

Communications Corp. of America, a Lafayette, La., television station owner, filed for bankruptcy on June 7, 2006. Its Chapter 11 case number is 06-50410


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