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iPic-Gold Class Entertainment reports $195,249 net loss for January
By Caroline Salls
Pittsburgh, March 5 – iPic-Gold Class Entertainment, LLC posted a $195,249 net loss for January on zero revenue, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.
In comparison, iPic reported a $396,251 net loss in December, also on zero revenue.
The company had no unrestricted cash and cash equivalents as of Jan. 31, the same as at the end of December.
iPic is a Boca Raton, Fla.-based luxury restaurant and theater company. The company filed bankruptcy on Aug. 5, 2019 under Chapter 11 case number 19-11739.
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