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U.S. Energy Systems posts $65,115 February net loss
By Caroline Salls
Pittsburgh, April 3 - U.S. Energy Systems, Inc. reported a $65,115 net loss for February on zero revenues, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Southern District of New York.
In comparison, U.S. Energy posted a $108,391 net loss for January, also on zero revenues.
The company had $521 in cash at Feb. 28, the same as reported at the end of January.
U.S. Energy Systems, a New York-based owner of green power and clean energy and resources, filed for bankruptcy on Jan. 9, 2008. Its Chapter 11 case number is 08-10054.
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