Imagenetix, Inc. Reports September 30, 2014 Results
PR Newswire - Wed Nov 19, 3:15PM CST
Imagenetix, Inc. (OTCBB:IAGX) announced today results for the period ended September 30, 2014, the first reporting period subsequent to its emergence from a Chapter 11 proceeding under the U.S. Bankruptcy Code. Net sales were $164,000 and net income was $130,000 for the shortened period of September 17, 2014 through September 30, 2014. Earnings per share were $0.00. Due to the adoption of "Fresh Start Reporting" as a result of the bankruptcy proceeding, there are no comparisons reflected for previous periods.
Imagenetix Successfully Emerges From Bankruptcy
PR Newswire - Wed Sep 17, 8:15AM CDT
Imagenetix, Inc. (OTC Bulletin Board: IAGX), announced today that its Plan of Reorganization was confirmed and all provisions of the plan were approved by Judge Margaret Mann of the United States Bankruptcy Court for the Southern District of California on September 10, 2014, with an effective date of September 16, 2014, enabling the Company to emerge from bankruptcy as of the effective date.