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Published on 10/3/2014 in the Prospect News Distressed Debt Daily.

MacKeyser Holdings reports $2.16 million loss from operations in July

By Kali Hays

New York, Oct. 3 – MacKeyser Holdings, LLC reported an operating loss of $2.16 million on $2.48 million of revenue for July, according to its monthly operating report filed Oct. 3 with the U.S. Bankruptcy Court for the District of Delaware.

Those numbers compare to a net income of $811,391 for June 21 through June 30 on zero sales.

The net loss for July was $3.28 million, compared to $984,039 for the June period.

MacKeyser also posted unrestricted cash and equivalents of $379,452 as of July 31, dropping from $1.24 million at June 30.

Las Vegas-based MacKeyser Holdings and operating affiliates American Optical Services, LLC and Exela Hearing Services, LLC manage integrated eye care and hearing systems providers. The company filed for bankruptcy on June 20 under Chapter 11 case number 14-11550.


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