Moonlight Basin records $328,408 February operating loss, no sales

By Jennifer Lanning Drey

Savannah, Ga., March 11 - Moonlight Basin Ranch LP reported a $328,408 loss from operations for February on zero real estate revenues, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Montana.

The figures compared with a $376,735 operating loss in January, also on zero real estate revenues.

The net loss was $289,072 in February, versus a net loss of $593,495 in January.

Moonlight Basin had $1.48 million in cash at Feb. 28, compared with $1.02 million at the end of January.

Moonlight Basin, an Ennis, Mont., resort, filed for bankruptcy on Nov. 18, 2009. Its Chapter 11 case number is 09-62327.

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