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Former Sharper Image posts $23,650 net loss for November, zero revenue
By Caroline Salls
Pittsburgh, Dec. 20 - TSIC Inc. posted a net loss of $23,650 for November on zero revenue, according to its monthly operating report filed Thursday with the Securities and Exchange Commission.
The figures compare to a net loss of $63,421 reported for October, also on zero revenue.
The company had cash and cash equivalents of $537,515 as of Nov. 30, down from $568,453 at the end of October.
TSIC, a San Francisco-based specialty retailer formerly known as Sharper Image Corp., filed for bankruptcy on Feb. 19, 2008 in the U.S. Bankruptcy Court for the District of Delaware. Its Chapter 11 case number is 08-10322.
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