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Dakota Plains posts $50,546 operating loss for Dec. 20-Dec. 31 period
By Caroline Salls
Pittsburgh, Jan. 26 – Dakota Plains Holdings, Inc. reported a $50,546 operating loss for the period of Dec. 20 through Dec. 31 on zero revenue, according to its monthly operating report filed Thursday with the Securities and Exchange Commission.
The net loss for the period was also $50,546.
In addition, the company had $274,054 in cash as of Dec. 31.
Dakota Plains, a midstream energy company based in Wayzata, Minn., filed for bankruptcy on Dec. 20 in the U.S. Bankruptcy Court for the District of Minnesota under Chapter 11 case number 16-43711.
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