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Published on 8/25/2015 in the Prospect News Distressed Debt Daily.

Scooter Store operating loss grows to $55,746 for July on zero sales

By Mark Reccek

Bethlehem, Pa., Aug. 25 – Scooter Store Holdings, Inc. marked an operating loss of $55,746 for July on zero net sales, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

For June, the company posted an operating loss of $13,294, also on zero net sales.

Scooter Store’s July net loss was also $55,746, up from a $13,294 June net loss.

The company had $551,482 in cash and cash equivalents as of July 31, down from $641,856 at the end of June.

Scooter Store, a New Braunfels, Texas-based provider of power mobility products, filed for bankruptcy on April 15, 2013. Its Chapter 11 case number is 13-10904.


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