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Published on 6/17/2016 in the Prospect News Distressed Debt Daily.

Mississippi Phosphates posts $843,000 net loss for March

By Sheri Kasprzak

New York, June 17 – Mississippi Phosphates Corp. reported a net loss of $843,000 of March, according to a monthly operating report filed Friday with the U.S. Bankruptcy Court for the Southern District of Mississippi.

The company had $242,969 in cash and cash equivalents on hand at the end of March.

Based in Pascagoula, Miss., Mississippi Phosphates is a fertilizer company. It filed for bankruptcy on Oct. 27, 2014 under Chapter 11 case number 14-51667.


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