Omnicity Files for Bankruptcy
Posted on Oct 12, 2011 7:10pm PDT
The Broadband provider Omnicity has reportedly filed for bankruptcy. According to reports, the company filed for
Chapter 11 bankruptcy protection as it has been struggling for months with finances. In the bankruptcy filing, the company reportedly listed assets at less than $50,000 while liabilities are between $500,000 and $1 million. The company is currently facing at least five lawsuits.
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