/raid1/www/Hosts/bankrupt/TCR_Public/060304.mbx Subject: TCR Saturday, March 4, 2006         T R O U B L E D   C O M P A N Y   R E P O R T E R
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         T R O U B L E D   C O M P A N Y   R E P O R T E R

             Saturday, March 4, 2006, Vol. 10, No. 54

                             Headlines

ALLIED HOLDINGS: Posts $6.5 Million Net Loss in December 2005
ALLIED HOLDINGS: Posts $5.9 Million Net Loss in January 2006
ATA AIRLINES: Earns $128 Million in December 2005
COLLINS & AIKMAN: Posts $23.7 Million Net Loss in January 2006
DELPHI CORP: VP Says Cross-Charging has no Effect on Schedules

DELPHI CORP: Aspire Files Amended Schedules of Assets & Debts
DELPHI CORP: DAS Global Amends Schedules to Reflect Cross-Charging
DELPHI CORP: DAS Holding Files Amended Schedules of Assets & Debts
DELPHI CORP: DAS Human Resources Files Amended Schedule F
ENTERGY NEW ORLEANS: Earns $2.179 Million in January 2006

MESABA AVIATION: Files Amended Schedules of Assets and Liabilities
O'SULLIVAN IND: Reports Ending Cash Balance of $42,94 in Jan. 2006
O'SULLIVAN IND: Furniture Reports Zero Cash Receipts for Jan. 2006
O'SULLIVAN IND: Holdings Reports Zero Cash Receipts for Jan. 2006
O'SULLIVAN IND: Virginia Reports Jan. 2006 Cash Balance of $16,597

SAINT VINCENTS: Files Amended November 30 Balance Sheet
SAINT VINCENTS: Posts $9.2 Million Net Loss in December 2005
SOLUTIA INC: Posts $4 Million Net Loss in January 2006
TOWER AUTOMOTIVE: Posts $30.5 Million Net Loss in December 2005
XYBERNAUT CORP: Posts $802,141 Net Loss in January 2006

                             *********


ALLIED HOLDINGS: Posts $6.5 Million Net Loss in December 2005
-------------------------------------------------------------

         Allied Holdings, Inc., and Its Debtor Subsidiaries
                Unaudited Consolidated Balance Sheet
                       As of December 31, 2005
                           (In Thousands)

                               Assets

Current Assets:
    Cash and cash equivalents                               $730
    Receivables, net                                      56,460
    Related party receivables                             14,745
    Inventories                                            5,132
    Deferred income taxes                                  4,020
    Prepayments and other current assets                  57,102
                                                       ---------
       Total current assets                             $138,189

Property and equipment, net                             $120,212
Goodwill, net                                              3,545
Other noncurrent assets                                   22,366
Investment in related parties                             31,488
                                                       ---------
TOTAL ASSETS                                            $315,800
                                                       =========

               Liabilities and Stockholders' Deficit

Current Liabilities not subject to compromise:
    Revolving credit facilities                          $51,997
    DIP term borrowings                                  100,000
    Accounts and notes payable                            54,105
    Accrued liabilities                                   50,949
                                                       ---------
       Total current liabilities                        $257,051

Long-term liabilities not subject to compromise:
    Postretirement benefits                               $4,412
    Deferred income taxes                                  3,989
    Other long-term liabilities                           24,965
                                                       ---------
       Total long-term liabilities                       $33,366

Liabilities subject to compromise                        183,179
Stockholders' deficit                                   (157,796)
                                                       ---------
Total liabilities and stockholders' deficit             $315,800
                                                       =========

         Allied Holdings, Inc., and Its Debtor Subsidiaries
           Unaudited Consolidated Statement of Operations
               For the Month Ended December 31, 2005
                           (In Thousands)

Revenues                                                 $76,050

Operating expenses:
    Salaries, wages and fringe benefits                   42,639
    Operating supplies and expenses                       17,983
    Purchased transportation                               9,460
    Insurance and claims                                   1,203
    Operating taxes and licenses                           2,368
    Depreciation and amortization                          3,417
    Rents                                                    670
    Communications and utilities                             626
    Other operating expenses                               1,129
    Gain on disposal of operating assets, net                (27)
                                                       ---------
       Total operating expenses                           79,468
                                                       ---------
       Operating income                                   (3,418)

Other income (expense):
    Interest expense                                      (2,370)
    Investment income                                          5
    Foreign exchange gains, net                               67
                                                       ---------
                                                          (2,301)
                                                       ---------
Income before reorganization items and income taxes       (5,719)
Reorganization items                                        (869)
                                                       ---------
Income before income taxes                                (6,588)
Income tax provision                                           -
                                                       ---------
NET INCOME                                               ($6,588)
                                                       =========

The Debtors did not provided a cash flow report.   However, the
Debtors disclose cash disbursements totaling $4,611,762 in
December 2005.

Headquartered in Decatur, Georgia, Allied Holdings, Inc. --  
http://www.alliedholdings.com/-- and its affiliates provide     
short-haul services for original equipment manufacturers and
provide logistical services.  The Company and 22 of its affiliates
filed for chapter 11 protection on July 31, 2005 (Bankr. N.D. Ga.  
Case Nos. 05-12515 through 05-12537).  Jeffrey W. Kelley, Esq., at  
Troutman Sanders, LLP, represents the Debtors in their
restructuring efforts.  Henry S. Miller at Miller Buckfire & Co.,
LLC, serves as the Debtors' financial advisor.  Anthony J. Smits,
Esq., at Bingham McCutchen LLP, provides the Official Committee of
Unsecured Creditors with legal advice and Russell A. Belinsky at
Chanin Capital Partners, LLC, provides financial advisory services
to the Committee.  When the Debtors filed for protection from
their creditors, they estimated more than $100 million in assets
and debts. (Allied Holdings Bankruptcy News, Issue No. 17;
Bankruptcy Creditors' Service, Inc., 215/945-7000).


ALLIED HOLDINGS: Posts $5.9 Million Net Loss in January 2006
------------------------------------------------------------

         Allied Holdings, Inc., and Its Debtor Subsidiaries
                Unaudited Consolidated Balance Sheet
                       As of January 31, 2006
                           (In Thousands)

                               Assets

Current Assets:
    Cash and cash equivalents                               $204
    Receivables, net                                      54,700
    Related party receivables                             13,945
    Inventories                                            4,828
    Deferred income taxes                                     22
    Prepayments and other current assets                  55,749
                                                       ---------
       Total current assets                              129,448

Property and equipment, net                              120,977
Goodwill, net                                              3,545
Deferred income taxes, noncurrent                          1,159
Other noncurrent assets                                   21,854
Investment in related parties                             31,488
                                                       ---------
TOTAL ASSETS                                            $308,471
                                                       =========

               Liabilities and Stockholders' Deficit

Current Liabilities not subject to compromise:
    Revolving credit facilities                          $50,042
    DIP term borrowings                                  100,000
    Accounts and notes payable                            52,892
    Deferred income taxes                                  1,173
    Accrued liabilities                                   59,403
                                                       ---------
       Total current liabilities                         263,510

Long-term liabilities not subject to compromise:
    Postretirement benefits                                4,318
    Other long-term liabilities                           20,281
                                                       ---------
       Total long-term liabilities                        24,599

Liabilities subject to compromise                        183,191
Stockholders' deficit                                   (162,829)
                                                       ---------
Total liabilities and stockholders' deficit             $308,471
                                                       =========

         Allied Holdings, Inc., and Its Debtor Subsidiaries
           Unaudited Consolidated Statement of Operations
               For the Month Ended January 31, 2006
                           (In Thousands)

Revenues                                                 $74,770

Operating expenses:
    Salaries, wages and fringe benefits                   41,880
    Operating supplies and expenses                       16,577
    Purchased transportation                               9,607
    Insurance and claims                                   3,026
    Operating taxes and licenses                           2,573
    Depreciation and amortization                          2,197
    Rents                                                    618
    Communications and utilities                             631
    Other operating expenses                                 554
    Gain on disposal of operating assets, net                (27)
                                                       ---------
       Total operating expenses                           77,636
                                                       ---------
       Operating income                                   (2,866)

Other income (expense):
    Interest expense                                      (2,385)
    Investment income                                          3
    Foreign exchange gains, net                              564
                                                       ---------
                                                          (1,818)
                                                       ---------
Income before reorganization items and income taxes      (4,684)
Reorganization items                                     (1,289)
                                                       ---------
Income before income taxes                               (5,973)
Income tax provision                                          -
                                                       ---------
NET INCOME                                              ($5,973)
                                                       =========

The Debtors disclose cash disbursements totaling $8,743,773
during January 2006.

Headquartered in Decatur, Georgia, Allied Holdings, Inc. --  
http://www.alliedholdings.com/-- and its affiliates provide     
short-haul services for original equipment manufacturers and
provide logistical services.  The Company and 22 of its affiliates
filed for chapter 11 protection on July 31, 2005 (Bankr. N.D. Ga.  
Case Nos. 05-12515 through 05-12537).  Jeffrey W. Kelley, Esq., at  
Troutman Sanders, LLP, represents the Debtors in their
restructuring efforts.  Henry S. Miller at Miller Buckfire & Co.,
LLC, serves as the Debtors' financial advisor.  Anthony J. Smits,
Esq., at Bingham McCutchen LLP, provides the Official Committee of
Unsecured Creditors with legal advice and Russell A. Belinsky at
Chanin Capital Partners, LLC, provides financial advisory services
to the Committee.  When the Debtors filed for protection from
their creditors, they estimated more than $100 million in assets
and debts. (Allied Holdings Bankruptcy News, Issue No. 17;
Bankruptcy Creditors' Service, Inc., 215/945-7000).


ATA AIRLINES: Earns $128 Million in December 2005
-------------------------------------------------

                 ATA Holdings Corp. and Subsidiaries
                       Unaudited Balance Sheet
                       As of December 31, 2005

ASSETS

Current assets:
     Cash and cash equivalents                       $79,217,000
     Receivables,
        net of allowance for doubtful accounts        89,891,000
     Inventories, net                                 31,364,000
     Prepaid expenses and other current assets        29,067,000
                                                  --------------
        TOTAL CURRENT ASSETS                         229,539,000

Property and equipment:
     Flight equipment                                142,488,000
     Facilities and ground equipment                 123,361,000
     Accumulated depreciation                       (164,582,000)
                                                  --------------
        TOTAL PROPERTY AND EQUIPMENT                 101,267,000

Restricted cash                                       27,348,000
Goodwill                                               2,411,000
Prepaid aircraft rent                                    154,000
Investment in BATA                                     4,808,000
Deposits and other assets                             23,923,000
                                                  --------------
        TOTAL ASSETS                                $389,450,000
                                                  ==============

LIABILITIES AND SHAREHOLDERS' DEFICIT

Current liabilities:
     Short Term Debt                                 $54,600,000
     Accounts payable                                  5,558,000
     Air traffic liabilities                          54,018,000
     Accrued expenses                                128,887,000
                                                  --------------
        TOTAL CURRENT LIABILITIES                    243,063,000

Deferred items                                        47,083,000
Liabilities subject to compromise                  1,445,447,000

Commitments and contingencies

Convertible redeemable preferred stock                30,000,000
Shareholders' deficit:
     Preferred stock                                           -
     Common stock                                     66,013,000
     Treasury stock                                  (24,778,000)
     Additional paid-in capital                       18,166,000
     Accumulated deficit                          (1,435,544,000)
                                                  --------------
        TOTAL SHAREHOLDERS' DEFICIT               (1,376,143,000)
                                                  --------------
        TOTAL LIABILITIES & SHAREHOLDERS' DEFICIT   $389,450,000
                                                  ==============

                 ATA Holdings Corp. and Subsidiaries
                      Unaudited Income Statement
                 For the Month Ended December 31, 2005

Operating revenues:
     Scheduled service                               $43,094,000
     Charter                                          27,864,000
     Ground package                                      622,000
     Other                                             1,661,000
                                                  --------------
        Total operating revenues                      73,241,000

Operating expenses:
     Fuel and oil                                     22,348,000
     Salaries, wages and benefits                     17,580,000
     Aircraft rentals                                  9,354,000
     Handling, landing and navigation fees             6,147,000
     Aircraft maintenance, materials and repairs       3,492,000
     Crew and other employee travel                    3,232,000
     Depreciation and amortization                     2,522,000
     Passenger service                                 2,790,000
     Other selling expenses                            1,876,000
     Commissions                                       2,000,000
     Facilities and other rentals                      1,315,000
     Insurance                                         1,231,000
     Ground package cost                                 491,000
     Advertising                                         473,000
     Aircraft impairments and retirements                      -
     Other                                             4,078,000
                                                  --------------
        Total operating expenses                      78,929,000
                                                  --------------
        Operating income (loss)                       (5,688,000)

Other income (expense):
     Interest income                                     218,000
     Interest expense                                   (686,000)
     Reorganization expenses                         134,269,000
     Other                                               (38,000)
     Other expense                                   133,763,000
                                                  --------------
        Income (loss) before income taxes            128,075,000

Income taxes                                                   -
                                                  --------------
        Net income (loss)                           $128,075,000
                                                  ==============

                 ATA Holdings Corp. and Subsidiaries
                          Cash Flow Report
                 For the Month Ended December 31, 2005

Operating activities:
  Net loss before reorganization expenses            ($6,194,000)

Adjustments to reconcile net income:
     Depreciation and amortization                     2,522,000
     Other non-cash items                              1,915,000

Changes in operating assets and liabilities:
     Receivables                                      11,713,000
     Inventories                                         871,000
     Prepaid expenses                                 (2,368,000)
     Accounts payable                                  1,050,000
     Air traffic liabilities                         (16,552,000)
     Liabilities subject to compromise                (3,540,000)
     Accrued expenses                                  5,120,000
                                                  --------------
Net cash (used in) operating activities               (5,463,000)

Reorganization activities:
     Reorganization items, net                       134,269,000
     Prepaid expenses                                     12,000
     Liabilities subject to compromise              (163,694,000)
     Accrued Expenses                                    587,000
     Impairment losses, as reorganization items       18,347,000
     Proceeds from debtor-in-possession financing     30,000,000
     Receivables                                          (1,000)
     Other non-cash items                              4,616,000
                                                  --------------
Net cash provided by reorganization activities        24,136,000

Investing activities:
     Capital expenditures                             (3,612,000)
     Noncurrent prepaid aircraft rent                          -
     Additions to other assets                         1,083,000
     Proceeds from sales of property and equipment     1,158,000
                                                  --------------
Net cash (used in) investing activities               (1,371,000)

Financing activities:
     Decrease in restricted cash                         228,000
                                                  --------------
Net cash provided by financing activities                228,000
                                                  --------------
Increase in cash and cash equivalents                 17,530,000

Cash and cash equivalents, beginning of period        61,687,000
                                                  --------------
Cash and cash equivalents, end of period             $79,217,000
                                                  ==============

Headquartered in Indianapolis, Indiana, ATA Airlines, owned by ATA
Holdings Corp. -- http://www.ata.com/-- is the nation's 10th
largest passenger carrier (based on revenue passenger miles) and
one of the nation's largest low-fare carriers.  ATA has one of the
youngest, most fuel-efficient fleets among the major carriers,
featuring the new Boeing 737-800 and 757-300 aircraft.  The
airline operates significant scheduled service from Chicago-
Midway, Hawaii, Indianapolis, New York and San Francisco to over
40 business and vacation destinations.  Stock of parent company,
ATA Holdings Corp., is traded on the Nasdaq Stock Exchange.  The
Company and its debtor-affiliates filed for chapter 11 protection
on Oct. 26, 2004 (Bankr. S.D. Ind. Case Nos. 04-19866, 04-19868
through 04-19874).  Terry E. Hall, Esq., at Baker & Daniels,
represents the Debtors in their restructuring efforts.  Daniel H.
Golden, Esq., Lisa G. Beckerman, Esq., and John S. Strickland,
Esq., at Akin Gump Strauss Hauer & Feld, LLP, represents the
Official Committee of Unsecured Creditors.  When the Debtors filed
for protection from their creditors, they listed $745,159,000 in
total assets and $940,521,000 in total debts.  (ATA Airlines
Bankruptcy News, Issue No. 48; Bankruptcy Creditors' Service,
Inc., 215/945-7000).


COLLINS & AIKMAN: Posts $23.7 Million Net Loss in January 2006
--------------------------------------------------------------

                   Collins & Aikman Corporation
                          Balance Sheet
                      As of January 31, 2006

Current assets:
   Cash                                             $60,424,968
   Accounts receivable, net                         114,618,683
   Other non-trade receivables                        7,337,465
   Inventories, net                                 114,171,354
   Tooling and molding, net - current                65,404,686
   Prepaids & other current assets                   80,342,879
   Deferred tax assets - current                        (87,825)
                                                ---------------
   Total current assets                             442,212,210

Investment in subsidiaries                        2,534,708,519
Fixed assets, net                                   331,431,250
Goodwill, net                                       978,554,071
Deferred tax assets - long term                      25,938,826
Tooling and molding, net-long term                   11,207,650
Other noncurrent assets                              93,516,248
Intercompany assets                                 176,918,655
PP IC accounts receivable                           671,272,308
                                                ---------------
TOTAL ASSETS                                     $5,265,759,737
                                                ===============

                        LIABILITIES & EQUITY

Current liabilities:
   Notes payable                                             $0
   Short term borrowings                                      0
   Advance on receivables                                     0
   Current portion - long term debt                 248,825,000
   Current portion - capital leases                           0
   Accounts payable                                  38,399,565
   Accrued interest payable                           6,628,177
   Accrued & other liabilities                       77,398,866
   Income taxes payable                              (5,663,960)
                                                ---------------
   Total current liabilities                        365,587,649

Liabilities subject to compromise                 2,378,445,238
                                                ---------------
Total Liabilities                                 2,744,032,887

Total Equity                                      2,521,726,850
                                                ---------------
TOTAL LIABILITIES & EQUITY                       $5,265,759,737
                                                ===============

                   Collins & Aikman Corporation
                         Income Statement
                     Month Ended January 2006

Net outside sales                                  $137,143,937
I/D Net sales                                         4,187,636
I/G Net sales                                         3,931,426
                                                ---------------
Total sales                                         145,262,999

Cost of goods sold                                  142,975,202
                                                ---------------
Gross profit                                          2,287,798

Selling, general & administrative expenses           22,999,667
                                                ---------------
Operating income                                    (20,711,869)

Interest expenses                                     6,692,302
Intercompany interest, net                           (2,371,104)
Preferred stock accretion                                     0
Miscellaneous (income)/expense                                0
Corporate allocation adjustment                               0
Commission income                                      (156,829)
Commission expense                                            0
Royalty income                                         (401,351)
Royalty expense                                               0
Joint Venture (Income)/Expense                                0
Minority interest in cons net income                          0
Dividend income                                               0
Discount/Income for Carcorp.                                  0
Gain/(Loss) early extinguishments of debt                     0
Discount/Premium on hedges                                    0
(Gain)/Loss on hedges                                         0
(Gain)/Loss on swaps                                          0
NAAIS Intercompany sales profit                               0
Loss on sale of receivables                                   0
Restructuring provision                                       0
Foreign transactions - (Gain)/Loss                     (910,064)
Amort of discount on NPV of liabilities                       0
(Gain)/Loss on sale-leaseback transaction                     0
                                                ---------------
Income from continuing operations before taxes      (23,564,824)

Federal income tax                                            0
State income tax                                              0
Foreign income tax                                       20,910
                                                ---------------
Income from continuing operations                   (23,585,734)

Discontinued operations                                 125,629
Gain/Loss on sale of divisions                                0
Extraordinary items                                           0
Integration                                                   0
                                                ---------------
NET INCOME (LOSS)                                  ($23,711,363)
                                                ===============

Headquartered in Troy, Michigan, Collins & Aikman Corporation
-- http://www.collinsaikman.com/-- is a global leader in cockpit         
modules and automotive floor and acoustic systems and is a leading
supplier of instrument panels, automotive fabric, plastic-based
trim, and convertible top systems.  The Company has a workforce of
approximately 23,000 and a network of more than 100 technical
centers, sales offices and manufacturing sites in 17 countries
throughout the world.  The Company and its debtor-affiliates filed
for chapter 11 protection on May 17, 2005 (Bankr. E.D. Mich. Case
No. 05-55927).  Richard M. Cieri, Esq., at Kirkland & Ellis LLP,
represents C&A in its restructuring.  Lazard Freres & Co., LLC,
provides the Debtor with investment banking services.  Michael S.
Stammer, Esq., at Akin Gump Strauss Hauer & Feld LLP, represents
the Official Committee of Unsecured Creditors Committee.  When the
Debtors filed for protection from their creditors, they listed
$3,196,700,000 in total assets and $2,856,600,000 in total debts.
(Collins & Aikman Bankruptcy News, Issue No. 26; Bankruptcy
Creditors' Service, Inc., 215/945-7000)


DELPHI CORP: VP Says Cross-Charging has no Effect on Schedules
--------------------------------------------------------------
John D. Sheehan, vice president, chief restructuring officer,
chief accounting officer and controller of Delphi Corporation,
relates that ASEC Manufacturing General Partnership, ASEC Sales
General Partnership, Environmental Catalysts LLC and Exhaust
Systems Corporation maintain consolidated books and records.

The financial information for the ASEC Entities has been
consolidated for purposes of their Schedules of Assets and
Liabilities, Mr. Sheehan says.

The ASEC Entities delivered to the U.S. Bankruptcy Court for the
Southern District of New York amended Schedules of Assets and
Liabilities to reflect changes to Schedule F.  Specifically, the
ASEC Entities scheduled a $59,157,529 cross-charge from Delphi
Automotive Systems LLC as disputed and unliquidated.

When considered cumulatively with the amendments filed to the
Schedules for Delphi Corporation and 26 other subsidiaries, the
amendments decrease the Debtors' total liabilities on a
deconsolidated basis by approximately $1.2 billion.

However, the Amendments have no effect on the Debtors'
consolidated financial statements that are filed with the
Securities and Exchange Commission because the cross-charge
accounts, which are maintained within the equity section of the
Debtors' trial balances, eliminate on a global consolidated
basis.

Headquartered in Troy, Michigan, Delphi Corporation --
http://www.delphi.com/-- is the single largest global supplier of     
vehicle electronics, transportation components, integrated systems
and modules, and other electronic technology.  The Company's
technology and products are present in more than 75 million
vehicles on the road worldwide.  The Company filed for chapter 11
protection on Oct. 8, 2005 (Bankr. S.D.N.Y. Lead Case No.
05-44481).  John Wm. Butler Jr., Esq., John K. Lyons, Esq., and
Ron E. Meisler, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP,
represent the Debtors in their restructuring efforts.  Robert J.
Rosenberg, Esq., Mitchell A. Seider, Esq., and Mark A. Broude,
Esq., at Latham & Watkins LLP, represents the Official Committee
of Unsecured Creditors.  As of Aug. 31, 2005, the Debtors' balance
sheet showed $17,098,734,530 in total assets and $22,166,280,476
in total debts.  (Delphi Bankruptcy News, Issue No. 17; Bankruptcy
Creditors' Service, Inc., 215/945-7000).


DELPHI CORP: Aspire Files Amended Schedules of Assets & Debts
-------------------------------------------------------------
Aspire Inc., delivered to the U.S. Bankruptcy Court for the
Southern District of New York amended Schedules of Assets
and Liabilities to reflect certain changes in Schedule F.  
Specifically, the Debtor scheduled a $2,216,067 Intercompany
Cross Charge from Delphi Automotive Systems LLC as unliquidated.

Headquartered in Troy, Michigan, Delphi Corporation --
http://www.delphi.com/-- is the single largest global supplier of     
vehicle electronics, transportation components, integrated systems
and modules, and other electronic technology.  The Company's
technology and products are present in more than 75 million
vehicles on the road worldwide.  The Company filed for chapter 11
protection on Oct. 8, 2005 (Bankr. S.D.N.Y. Lead Case No.
05-44481).  John Wm. Butler Jr., Esq., John K. Lyons, Esq., and
Ron E. Meisler, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP,
represent the Debtors in their restructuring efforts.  Robert J.
Rosenberg, Esq., Mitchell A. Seider, Esq., and Mark A. Broude,
Esq., at Latham & Watkins LLP, represents the Official Committee
of Unsecured Creditors.  As of Aug. 31, 2005, the Debtors' balance
sheet showed $17,098,734,530 in total assets and $22,166,280,476
in total debts.  (Delphi Bankruptcy News, Issue No. 17; Bankruptcy
Creditors' Service, Inc., 215/945-7000).


DELPHI CORP: DAS Global Amends Schedules to Reflect Cross-Charging
------------------------------------------------------------------
Delphi Automotive Systems Global (Holding), Inc., delivered to
the U.S. Bankruptcy Court for the Southern District of New York
amended Schedules of Assets and Liabilities to reflect certain
changes in Schedule F.  Specifically, the Debtor amended its
Schedule F to reflect a $9,890,382 intercompany cross-charge
from Delphi Automotive Systems (Holding), Inc., as unliquidated.

Headquartered in Troy, Michigan, Delphi Corporation --
http://www.delphi.com/-- is the single largest global supplier of     
vehicle electronics, transportation components, integrated systems
and modules, and other electronic technology.  The Company's
technology and products are present in more than 75 million
vehicles on the road worldwide.  The Company filed for chapter 11
protection on Oct. 8, 2005 (Bankr. S.D.N.Y. Lead Case No.
05-44481).  John Wm. Butler Jr., Esq., John K. Lyons, Esq., and
Ron E. Meisler, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP,
represent the Debtors in their restructuring efforts.  Robert J.
Rosenberg, Esq., Mitchell A. Seider, Esq., and Mark A. Broude,
Esq., at Latham & Watkins LLP, represents the Official Committee
of Unsecured Creditors.  As of Aug. 31, 2005, the Debtors' balance
sheet showed $17,098,734,530 in total assets and $22,166,280,476
in total debts.  (Delphi Bankruptcy News, Issue No. 17; Bankruptcy
Creditors' Service, Inc., 215/945-7000).


DELPHI CORP: DAS Holding Files Amended Schedules of Assets & Debts
------------------------------------------------------------------
Delphi Automotive Systems (Holding), Inc., delivered to the U.S.
Bankruptcy Court for the Southern District of New York amended
Schedules of Assets and Liabilities to reflect certain changes in
Schedule F.  Specifically, the Debtor amended its Schedule F to
reflect aggregate debits reflected in the Debtor's cross-charge
accounts.  The Debtor identified certain claims related to cross-
charge accounts as unliquidated.

A.     Real Estate                                         None

B.     Personal Property
B.9    Interests in Insurance Policies             Undetermined
B.12   Stock and Interests                       $2,890,600,762
B.13   Interests in partnerships                   Undetermined
B.17   Other liquidated debts owed
          United Kingdom                                 35,230
          Delphi Automotive Systems LLC             704,263,637
          Delco Electronics Overseas Corp.           12,124,781
          Delphi Diesel Sys Ltd U.K.                 10,692,003
          Delphi Diesel Sys - Stonehouse UK           5,777,411
          Delphi Diesel Sys - Sudbury UK              9,269,543

       TOTAL SCHEDULED ASSETS                    $3,632,763,373
                                                ===============

C.     Property Claimed as Exempt                          None

D.     Secured Claims
          JPMorgan Chase Bank, N.A.                     Unknown
          Mercedes-Benz U.S. Int'l Inc.                 Unknown

E.     Unsecured Priority Claims                        Unknown

F.     Unsecured NonPriority Claims
          Delphi Automotive Systems, LLC            453,162,430
          Delphi International Services Inc.              1,000
          Exhaust Systems Corp.                      21,300,000
          Others                                        Unknown
          Aggregate Debit in cross charge accounts  (24,956,773)

       TOTAL SCHEDULED LIABILITIES                 $449,506,657
                                                  =============

A full-text copy of Delphi Automotive Systems (Holding), Inc.'s
list of Interests in Insurance Policies is available for free at
http://ResearchArchives.com/t/s?4eb

A full-text copy of Delphi Automotive Systems (Holding), Inc.'s
list of Interests in partnerships is available for free at
http://ResearchArchives.com/t/s?4ec

A full-text copy of Delphi Automotive Systems (Holding), Inc.'s
list of Unsecured Priority Claims is available for free at
http://ResearchArchives.com/t/s?4ed

Headquartered in Troy, Michigan, Delphi Corporation --
http://www.delphi.com/-- is the single largest global supplier of     
vehicle electronics, transportation components, integrated systems
and modules, and other electronic technology.  The Company's
technology and products are present in more than 75 million
vehicles on the road worldwide.  The Company filed for chapter 11
protection on Oct. 8, 2005 (Bankr. S.D.N.Y. Lead Case No.
05-44481).  John Wm. Butler Jr., Esq., John K. Lyons, Esq., and
Ron E. Meisler, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP,
represent the Debtors in their restructuring efforts.  Robert J.
Rosenberg, Esq., Mitchell A. Seider, Esq., and Mark A. Broude,
Esq., at Latham & Watkins LLP, represents the Official Committee
of Unsecured Creditors.  As of Aug. 31, 2005, the Debtors' balance
sheet showed $17,098,734,530 in total assets and $22,166,280,476
in total debts.  (Delphi Bankruptcy News, Issue No. 17; Bankruptcy
Creditors' Service, Inc., 215/945-7000).


DELPHI CORP: DAS Human Resources Files Amended Schedule F
---------------------------------------------------------
Delphi Automotive Systems Human Resources, LLC, delivered to the
U.S. Bankruptcy Court for the Southern District of New York
amended Schedules of Assets and Liabilities to reflect certain
changes in Schedule F.  Specifically, the Debtor amended its
Schedule F to reflect aggregate debits reflected in the Debtor's
cross-charge accounts.  The Debtor identified certain claims
related to cross-charge accounts as unliquidated.

A.     Real Estate                                         None

B.     Personal Property
B.9    Interests in Insurance Policies             Undetermined

       TOTAL SCHEDULED ASSETS                                --
                                                          =====

C.     Property Claimed as Exempt                          None

D.     Secured Claims
          Mercedes-Benz U.S. Int'l, Inc.                Unknown

E.     Unsecured Priority Claims
          Internal Revenue Service                      Unknown
          State of Delaware Div. of Corporations        Unknown

F.     Unsecured NonPriority Claims
          Pension Benefit Guaranty Corp.                Unknown
          Intercompany claim                      ($166,303,107)

       TOTAL SCHEDULED LIABILITIES                ($166,303,107)
                                                ===============

A full-text copy of Delphi Automotive Systems Human Resources,
LLC's list of Interests in Insurance Policies is available for
free at http://ResearchArchives.com/t/s?533

Headquartered in Troy, Michigan, Delphi Corporation --
http://www.delphi.com/-- is the single largest global supplier of     
vehicle electronics, transportation components, integrated systems
and modules, and other electronic technology.  The Company's
technology and products are present in more than 75 million
vehicles on the road worldwide.  The Company filed for chapter 11
protection on Oct. 8, 2005 (Bankr. S.D.N.Y. Lead Case No.
05-44481).  John Wm. Butler Jr., Esq., John K. Lyons, Esq., and
Ron E. Meisler, Esq., at Skadden, Arps, Slate, Meagher & Flom LLP,
represent the Debtors in their restructuring efforts.  Robert J.
Rosenberg, Esq., Mitchell A. Seider, Esq., and Mark A. Broude,
Esq., at Latham & Watkins LLP, represents the Official Committee
of Unsecured Creditors.  As of Aug. 31, 2005, the Debtors' balance
sheet showed $17,098,734,530 in total assets and $22,166,280,476
in total debts.  (Delphi Bankruptcy News, Issue No. 17; Bankruptcy
Creditors' Service, Inc., 215/945-7000).


ENTERGY NEW ORLEANS: Earns $2.179 Million in January 2006
---------------------------------------------------------

                    Entergy New Orleans, Inc.
                         Balance Sheet
                     As of January 31, 2006
                        (in thousands)

ASSETS
Current Assets:
Cash and cash equivalents
Cash                                                   $34,212
Temporary cash investments                                   -
                                                   -----------
Total cash and cash equivalents                         34,212

Accounts receivable:
Customer                                                93,233
Allowance for doubtful accounts                        (25,422)
Associated companies                                    20,248
Other                                                    7,468
Accrued unbilled revenues                               21,928
                                                   -----------
Total accounts receivable                              117,455

Deferred fuel costs                                     34,318
Fuel inventory                                           7,061
Materials and supplies                                   8,432
Prepayments and other                                    4,080
                                                   -----------
Total current assets                                   205,558

Other Property and Investments
Investment in affiliates                                 3,259
Non-utility property at cost                             1,107
                                                   -----------
Total other property and investments                     4,366

Utility Plant
Electric                                               691,155
Natural gas                                            189,265
Construction work in progress                          199,015
                                                   -----------
Total Utility Plant                                  1,079,435

Less - accumulated depreciation and amortization       430,675
                                                   -----------
Utility plant - net                                    648,760

Deferred Debits and Other Assets
Regulatory assets:
Other regulatory assets                                174,407
Long term receivables                                    1,812
Other                                                   23,111
                                                   -----------
Total deferred debits and other assets                 199,330
                                                   -----------
TOTAL ASSETS                                        $1,058,014
                                                   ===========

LIABILITIES:

Postpetition liabilities:
Taxes payable                                           $7,869
Accounts payable                                        44,421
DIP credit facility                                     90,000
                                                   -----------
Total postpetition liabilities                         142,290

Current liabilities:
Currently maturing long-term debt                            -
Notes payable                                           15,000
Accounts payable:
Associated companies                                    47,601
Other                                                  244,892
Customer deposits                                       15,854
Taxes accrued                                                -
Accumulated deferred income taxes                        2,841
Interest accrued                                         2,816
Energy efficiency program provision                          -
Other                                                    1,566
                                                   -----------
Total current liabilities                              330,570

Non-current liabilities:
Accumulated deferred income taxes & taxes accrued       65,531
Accumulated deferred investment tax credits              3,535
SFAS 109 regulatory liability - net                     53,456
Other regulatory liabilities                               591
Accumulated provisions                                   7,975
Pension liability                                       35,694
Long-term debt                                         229,860
Other                                                   16,623
                                                   -----------
Total non-current liabilities                          413,265
                                                   -----------
Total Liabilities                                      886,125

Commitments and Contingencies:

SHAREHOLDERS' EQUITY

Preferred stock without sinking fund                    19,780
Common stock, $4 par value, authorized
10,000,000 shares; issued and
outstanding 8,435,900 shares in
2005 and 2004                                           33,744
Paid-in capital                                         36,294
Retained earnings -- prepetition                        99,593
Retained earnings -- postpetition                      (17,522)
                                                   -----------
Total shareholders equity                              171,889
                                                   -----------
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY          $1,058,014
                                                   ===========

                       Entergy New Orleans, Inc.
                        Statement of Operations
                       Month Ended January 2005
                            (in thousands)

Operating Revenues
Domestic electric                                      $30,861
Natural gas                                             11,478
                                                   -----------
Total operating revenues                                42,339

Operating Expenses:
Operation and maintenance
Fuel                                                     8,877
Purchased power                                         20,518
Other operation and maintenance                          4,693
Taxes other than income taxes                            2,743
Depreciation and amortization                            2,725
Other regulatory charges - net                             250
                                                   -----------
Total operating expenses                                39,806
                                                   -----------
Operating income                                         2,533

Other income:
Allowance for equity funds used
during construction                                        714
Interest and dividend income                               245
Miscellaneous - net                                        (26)
                                                   -----------
Total other income                                         933

Interest and other charges:
Interest on long-term debt                                  61
Other interest-net                                         708
Allowance for borrowed funds used
during construction                                       (584)
                                                   -----------
Total interest and other charges                           185

Income (loss) before income taxes                        3,281
Income taxes                                             1,102
                                                   -----------
NET INCOME                                              $2,179
                                                   ===========

                   Entergy New Orleans, Inc.
           Cash Receipts and Disbursement Statement
                   Month Ended January 2005

Beginning cash balance                             $47,980,735

Cash receipts                                       48,357,060
Cash disbursements                                 (62,116,207)
                                                   -----------
Net cash flow                                      (13,759,146)
                                                   -----------
ENDING CASH BALANCE                                $34,221,589
                                                   ===========

Headquartered in Baton Rouge, Louisiana, Entergy New Orleans Inc.
-- http://www.entergy-neworleans.com/-- is a wholly owned
subsidiary of Entergy Corporation.  Entergy New Orleans provides
electric and natural gas service to approximately 190,000 electric
and 147,000 gas customers within the city of New Orleans.  Entergy
New Orleans is the smallest of Entergy Corporation's five utility
companies and represents about 7% of the consolidated revenues and
3% of its consolidated earnings in 2004.  Neither Entergy
Corporation nor any of Entergy's other utility and non-utility
subsidiaries were included in Entergy New Orleans' bankruptcy
filing.  Entergy New Orleans filed for chapter 11 protection on
Sept. 23, 2005 (Bankr. E.D. La. Case No. 05-17697).  Elizabeth J.
Futrell, Esq., and R. Partick Vance, Esq., at Jones, Walker,
Waechter, Poitevent, Carrere & Denegre, L.L.P., represent the
Debtor in its restructuring efforts.  When the Debtor filed for
protection from its creditors, it listed total assets of
$703,197,000 and total debts of $610,421,000.  (Entergy New
Orleans Bankruptcy News, Issue No. 12; Bankruptcy Creditors'
Service, Inc., 215/945-7000)


MESABA AVIATION: Files Amended Schedules of Assets and Liabilities
------------------------------------------------------------------
Mesaba Aviation, Inc., doing business as Mesaba Airlines amended
its Schedule B to reflect:

    a. an increase of $600,000 to the previously disclosed
       $10,252,485 Wells Fargo Bank Minnesota, N.A. savings
       account;

    b. Wells Fargo cash investment money market fund #250 of
       $38,715;

    c. 42 government and corporate bonds totaling $10,193,088; and

    d. $53,522 in accounts receivable from MAIR Holdings Inc.

Mesaba also amended its Schedules E and F to reflect:

    a. 84 Unsecured Priority Claims, aggregating $2,449,881; and

    b. 639 Unsecured Non-priority Claims, aggregating $30,893,656.

                        Mesaba Aviation, Inc.
              Amended Schedules of Assets & Liabilities

A.   Real Property                                            $0

B.   Personal Property
B.1  Cash on hand
        Petty Cash - Stations Cash Disbursement            57,763
B.2  Bank Accounts
        Wells Fargo Bank NA - Cash Disbursements        1,738,551
        Chase Manhattan - Airlines Clearing House           1,000
        Wings Financial Credit Union -- Liquor Receipts   321,695
        Wings Financial Credit Union -- Liquor Receipts   244,432
        Wells Fargo Bank NA - Savings Account          10,852,485
        Wells Fargo Bank Minnesota - Restricted Cash    4,263,215
        Bank of Montreal -- Cash Disbursements             75,574
        Wells Fargo Minnesota Cash Investment Money        38,715
B.3  Security Deposits
        Security Deposits, SAAB                            46,800
        Security re Potential Damages, Rochester Airport   22,000
        Security re Potential Damages, Northern Trust      16,361
        Vendor Deposit, Jepson Charts                     103,500
        Vendor Deposit, SAAB                               20,000
        Retainer, Ravich Meyer                            150,000
        Retainer, Marr Hipp                               150,000
        Retainer, Mercer Management                       600,000
        Vendor Deposit, British Aerospace                  20,000
        Dow Chemical                                       20,130
        Others                                             13,280
B.14 Government and Corporate Bonds
        Michigan Higher Ed Student Loan Auth              250,000
        Florida Ed Loan Marketing Corp                    200,000
        US Education Loan TR II                           250,000
        Illinois Student Assistance Loan                  300,000
        MN State Office of Higher Ed                      300,000
        ALG Student Loan Trust I                          300,000
        California Statewide Cmntys Dev Auth              250,250
        New Mexico Edl Assistance Fndtn                   299,997
        Oklahoma St Student Ln Auth                       299,985
        Vermont State Student Assistance Corp             250,000
        Colorado Student Loan                             300,000
        Education Loans Inc                               300,000
        Arkansas St Student Ln Auth                       300,000
        Plano Texas Indpt Sch Dist                        256,565
        Forth Worth Tx                                    257,882
        Johnson City Ks School District                   259,065
        Shelby County Tn G O                              286,239
        St Lucie County, Florida                          259,641
        New Jersey State Revenue                          252,388
        Ennis, Texas                                      251,885
        Georgia State G O                                 295,540
        Texas State G O Unltd                             253,630
        Alaska State Intl Airport                         152,024
        Metro Washington DC Arpt                          256,098
        Alaska Student Ln Corp Cap Proj                   206,134
        Douglas Cnty GA Sch Dist                          258,302
        Marion Ind Redev Dist Cnty Optincome              121,015
        Albet Lea Mn G O                                  154,224
        Apex North Carolina G O                           207,246
        Lyle Mn Indept School District                    156,118
        San Antonio Tx Ctfs G O                           258,498
        Cloquet Mn Inpt Sch Dist                          253,365
        Cook Cnty-Orland Sch Dist                         252,652
        Richland County School Dist Sc                    226,118
        Spring Lake Mich Pub Sch                          207,382
        Pierce Cnty Wa Sch Dist                           251,638
        Sloatsburg NY                                     205,922
        Florida State Dept Transn                         217,892
        Los Angeles Ca Uni Sch Dist                       260,275
        Maine St Turnpike Authority                       266,967
        Mukwonago Wi                                      100,289
        Texas St College Student Loan                     207,862
B.15 Accounts Receivable                               43,913,123
        Share of Receivable per Tax Sharing
         - MAIR Holdings                                   53,522
B.16 Alimony                                                   0
B.17 Other liquidated debts owing debtor
        Insurance receivable - aircraft damage            193,374
        Corporate insurance receivable                    304,609
        2004 State tax refunds                            unknown
B.23 Vehicles
        Des Moines, IA                                     99,063
        Detroit, MI                                       516,775
        Minneapolis, MN                                   384,650
        Cincinatti, OH                                    182,106
        Memphis, TN                                       158,449
        Wausau, WI                                         69,060
        Others                                             96,750
B.24 Boats, motors and accessories                              0
B.25 Aircraft and accessories                          21,859,696
B.26 Office Equipment                                   4,557,913
B.27 Machinery, fixtures, equipment and supplies
        Used in operation of business                   2,229,327
        Other equipment and supplies                    5,502,676
        Overhead and maintenance supplies                 550,551
B.28 Inventory                                         13,242,636

        TOTAL SCHEDULED ASSETS                       $122,862,869
                                                    =============

C.   Property Claimed as Exempt                    Not Applicable

D.   Secured Claim
        GE Aircraft Engines                            $1,995,362
        Wells Fargo Bank NA                               unknown
        Wells Fargo Bank NA Trustee                       unknown

E.   Unsecured Priority Claims
        Boone County                                       76,000
        Grapevinecolleyville                               49,950
        Harrison County, Ms                                94,109
        Hennepin County Treasurer                          60,000
        Jefferson County                                  100,430
        Lee County                                         49,816
        Minnesota Dept Of Revenue                         451,465
        Rankin County                                      37,328
        Romulus City, Treasurer's Office                   79,046
        Shelby County                                     391,553
        So Carolina Dept Of Rev                            37,990
        State Of Arkansas                                  69,600
        State Of Kentucky                                  42,000
        State Of West Virginia, Public Utilities Div       82,728
        State Of Wisconsin                                258,258
        Vanderburgh County                                 57,371
        Others                                            512,237

F.   Unsecured Non-priority Claims
        Aerospace Composite                               181,395
        AIM Aviation Atlanta Inc                          106,476
        Aircraft Braking Systems Corp                     379,068
        Airmark Components                                114,958
        Allied Signal Engines                           3,511,333
        Aramark Facility Service                          359,502
        Avmax Group Inc                                   729,958
        BAE Systems Regional Aircraft                   1,713,072
        Bank of America                                   137,835
        Bombardier Services Corp                        1,292,196
        Bussell, Scott R.                                 107,068
        Corp Lodging Consultants                          891,806
        Detroit Metropolitan Airport                      837,392
        Dowty Propellers-Americas                         217,526
        Embraer Aircraft                                  797,266
        Garrett Aviation Services OMA                     103,837
        GE Engine Services Inc                            323,769
        Goodrich Landing Systems Svcs                     128,973
        GSFS                                              159,660
        Hamilton Sundstrand                               212,067
        Huffmaster Inc                                    111,609
        Jeppensen Sanderson (APU)                         122,781
        Lexington-Fayette Urban City                      112,411
        MAC MPLS St. Paul                                 208,357
        Northwest Airlines 7516                         8,844,720
        Pan Am Int'l Flight Academy                       990,707
        Pinnacle Airlines Inc                             830,016
        Professional Project Partners                     120,637
        Rockwell Collins                                  218,785
        SAAB Aircraft of America                          319,899
        Transportation Security Admin Office              931,720
        Wehrenberg, Jeffrey                               113,706
        Others                                          5,663,151

        TOTAL SCHEDULED LIABILITIES                   $35,338,899
                                                     ============

Mesaba Aviation, Inc., d/b/a Mesaba Airlines --
http://www.mesaba.com/-- operates as a Northwest Airlink        
affiliate under code-sharing agreements with Northwest Airlines.  
The Company filed for chapter 11 protection on Oct. 13, 2005
(Bankr. D. Minn. Case No. 05-39258).  Michael L. Meyer, Esq., at
Ravich Meyer Kirkman McGrath & Nauman PA, represents the Debtor in
its restructuring efforts.  Craig D. Hansen, Esq., at
Squire Sanders & Dempsey, L.L.P., represents the Official
Committee of Unsecured Creditors.  When the Debtor filed for
protection from its creditors, it listed total assets of
$108,540,000 and total debts of $87,000,000. (Mesaba Bankruptcy
News, Issue No. 12; Bankruptcy Creditors' Service, Inc., 215/945-
7000).


O'SULLIVAN IND: Reports Ending Cash Balance of $42,94 in Jan. 2006
------------------------------------------------------------------

                    O'Sullivan Industries, Inc.
                  Cash Receipts and Disbursements
                   Month Ended January 31, 2006

Funds at the beginning of period                       $15,803

Receipts:
   Cash Sales                                                -
      Less: Refunds                                          -
                                                   -----------
      Net Cash Sales                                         -

   Collection of postpetition accounts receivable            -
   Collection of postpetition accounts receivable   15,666,821
   Other receipts                                   30,299,104
                                                   -----------
      Total Receipts                                45,965,925
                                                   -----------
Total Cash Available for Operation                 $45,981,728
                                                   ===========

Disbursements:
   U.S. Trustee quarterly fee                              750
   Net payroll                                       3,026,992
   Payroll taxes paid                                   38,649
   Professional fees                                 1,126,706
   Other taxes                                         184,678
   Rent & equipment rent                                55,937
   Other leases                                        125,431
   Telephone                                            28,178
   Utilities                                           285,858
   Travel and entertainment                            153,743
   Vehicle expenses                                     18,104
   Office expenses                                      24,649
   Advertising                                               -
   Insurance                                         1,088,579
   Freight                                           1,299,893
   Job-cost raw materials                           10,021,585
   Foreign bank fees                                        66
   Repairs & maintenance                               910,628
   Payments to Secured Creditors                             -
   Employee benefits                                   286,496
   Other expenses                                    2,636,525
   Transfers                                        24,625,339
                                                   -----------
      Total Disbursements                           45,938,786
                                                   -----------
Ending Cash Balance                                    $42,942
                                                   ===========

Headquartered in Roswell, Georgia, O'Sullivan Industries Holdings,
Inc. -- http://www.osullivan.com/-- designs, manufactures, and
distributes ready-to-assemble furniture and related products,
including desks, computer work centers, bookcases, filing
cabinets, home entertainment centers, commercial furniture, garage
storage units, television, audio, and night stands, dressers, and
bedroom pieces.  O'Sullivan sells its products primarily to large
retailers including OfficeMax, Lowe's, Wal-Mart, Staples, and
Office Depot.  The Company and its subsidiaries filed for chapter
11 protection on Oct. 14, 2005 (Bankr. N.D. Ga. Case No. 05-
83049).  Joel H. Levitin, Esq., at Dechert LLP, represents the
Debtors.  Michael H. Goldstein, Esq., Eric D. Winston, Esq., and
Christine M. Pajak, Esq., at Stutman, Treister & Glatt, P.C.,
represent the Official Committee of Unsecured Creditors.  On Sept.
30, 2005, the Debtor listed $161,335,000 in assets and
$254,178,000 in debts.  (O'Sullivan Bankruptcy News, Issue No. 13;
Bankruptcy Creditors' Service, Inc., 215/945-7000)


O'SULLIVAN IND: Furniture Reports Zero Cash Receipts for Jan. 2006
-----------------------------------------------------------------
For the period January 1 to 31, 2006, O'Sullivan Furniture
Factory Outlet, Inc., reports $0 cash receipts and disbursements.

Headquartered in Roswell, Georgia, O'Sullivan Industries Holdings,
Inc. -- http://www.osullivan.com/-- designs, manufactures, and
distributes ready-to-assemble furniture and related products,
including desks, computer work centers, bookcases, filing
cabinets, home entertainment centers, commercial furniture, garage
storage units, television, audio, and night stands, dressers, and
bedroom pieces.  O'Sullivan sells its products primarily to large
retailers including OfficeMax, Lowe's, Wal-Mart, Staples, and
Office Depot.  The Company and its subsidiaries filed for chapter
11 protection on Oct. 14, 2005 (Bankr. N.D. Ga. Case No. 05-
83049).  Joel H. Levitin, Esq., at Dechert LLP, represents the
Debtors.  Michael H. Goldstein, Esq., Eric D. Winston, Esq., and
Christine M. Pajak, Esq., at Stutman, Treister & Glatt, P.C.,
represent the Official Committee of Unsecured Creditors.  On Sept.
30, 2005, the Debtor listed $161,335,000 in assets and
$254,178,000 in debts.  (O'Sullivan Bankruptcy News, Issue No. 13;
Bankruptcy Creditors' Service, Inc., 215/945-7000)


O'SULLIVAN IND: Holdings Reports Zero Cash Receipts for Jan. 2006
-----------------------------------------------------------------
O'Sullivan Industries Holdings, Inc., reports $0 cash receipts
and disbursements for the period January 1 to 31, 2006.

Headquartered in Roswell, Georgia, O'Sullivan Industries Holdings,
Inc. -- http://www.osullivan.com/-- designs, manufactures, and
distributes ready-to-assemble furniture and related products,
including desks, computer work centers, bookcases, filing
cabinets, home entertainment centers, commercial furniture, garage
storage units, television, audio, and night stands, dressers, and
bedroom pieces.  O'Sullivan sells its products primarily to large
retailers including OfficeMax, Lowe's, Wal-Mart, Staples, and
Office Depot.  The Company and its subsidiaries filed for chapter
11 protection on Oct. 14, 2005 (Bankr. N.D. Ga. Case No. 05-
83049).  Joel H. Levitin, Esq., at Dechert LLP, represents the
Debtors.  Michael H. Goldstein, Esq., Eric D. Winston, Esq., and
Christine M. Pajak, Esq., at Stutman, Treister & Glatt, P.C.,
represent the Official Committee of Unsecured Creditors.  On Sept.
30, 2005, the Debtor listed $161,335,000 in assets and
$254,178,000 in debts.  (O'Sullivan Bankruptcy News, Issue No. 13;
Bankruptcy Creditors' Service, Inc., 215/945-7000)


O'SULLIVAN IND: Virginia Reports Jan. 2006 Cash Balance of $16,597
------------------------------------------------------------------

                    O'Sullivan Industries Virginia, Inc.
                  Cash Receipts and Disbursements
                    Month Ended January 31, 2006

Funds at the beginning of period                       $15,066

Receipts                                                 5,921
                                                   -----------
   Total Receipts                                        5,921
                                                   -----------
Total Cash Available for Operation                     $20,987
                                                   ===========

Disbursements:
   Freight                                               1,190
   Repairs & maintenance                                 1,845
   Other expenses                                        1,355
                                                   -----------
      Total Disbursements                                4,390
                                                   -----------
Ending Cash Balance                                    $16,597
                                                   ===========

Headquartered in Roswell, Georgia, O'Sullivan Industries Holdings,
Inc. -- http://www.osullivan.com/-- designs, manufactures, and
distributes ready-to-assemble furniture and related products,
including desks, computer work centers, bookcases, filing
cabinets, home entertainment centers, commercial furniture, garage
storage units, television, audio, and night stands, dressers, and
bedroom pieces.  O'Sullivan sells its products primarily to large
retailers including OfficeMax, Lowe's, Wal-Mart, Staples, and
Office Depot.  The Company and its subsidiaries filed for chapter
11 protection on Oct. 14, 2005 (Bankr. N.D. Ga. Case No. 05-
83049).  Joel H. Levitin, Esq., at Dechert LLP, represents the
Debtors.  Michael H. Goldstein, Esq., Eric D. Winston, Esq., and
Christine M. Pajak, Esq., at Stutman, Treister & Glatt, P.C.,
represent the Official Committee of Unsecured Creditors.  On Sept.
30, 2005, the Debtor listed $161,335,000 in assets and
$254,178,000 in debts.  (O'Sullivan Bankruptcy News, Issue No. 13;
Bankruptcy Creditors' Service, Inc., 215/945-7000)


SAINT VINCENTS: Files Amended November 30 Balance Sheet
-------------------------------------------------------
The Debtors made adjustments to almost all items in their
Nov. 30, 2005, Balance Sheet.  The Debtors previously reported
$736,074,494 in total assets.  Now, the Debtors report that they
have $772,108,190 in total assets.

                          SVCMC Debtors
               Unaudited Consolidated Balance Sheet
                      As of November 30, 2005

ASSETS
Cash & Cash Equivalents                              $52,715,958
Investments                                                    -
Patients Accounts Receivable, less allowance for
    doubtful accounts                                168,884,424
Accounts Receivable                                   33,292,408
Other Current Assets                                  63,065,047
                                                  --------------
    Total Current Assets                             317,957,837

Depreciation Reserve Funds & Collaterized Assets      53,946,614
Assets Designated for Self-Insurance
    Investments at Market                             44,419,899
Assets whose use is limited -
    Investments at Market                             56,588,805
Other Non-Current Assets                              12,828,352

Land, Buildings & Equipment, net of
    Accumulated Depreciation                         286,366,683
                                                  --------------
    Total Assets                                    $772,108,190
                                                  ==============

LIABILITIES AND NET ASSETS
Liabilities Subject to Compromise:
    HFG Loan                                         $30,885,000
    Accounts Payable & Accrued Expenses              234,975,020
    Estimated Retroactive Payables to
       Third Parties, net                            105,100,249
    Long-term Debt                                   308,216,043
    Long-term Debt, excluding current installments             -
    Estimated Liability for Self-Insurance           170,453,625
    Other Liabilities                                 61,578,178
                                                  --------------
    Total Liabilities Subject to Compromise          911,208,115

Liabilities Not Subject to Compromise:
    Accrued Salaries & Payroll Taxes Withheld         59,600,835
    Accounts Payables & Accrued Expenses              86,639,919
                                                  --------------
    Total Liabilities                              1,057,448,869

Net Assets:
    Unrestricted                                    (341,619,223)
    Temporarily Restricted                            31,847,868
    Permanently Restricted                            24,430,676
                                                  --------------
    Total Net Assets                                (285,340,679)
                                                  --------------
    Total Liabilities & Net Assets                  $772,108,190
                                                  ==============

Headquartered in New York, New York, Saint Vincents Catholic
Medical Centers of New York -- http://www.svcmc.org/-- the    
largest Catholic healthcare providers in New York State, operate
hospitals, health centers, nursing homes and a home health agency.
The hospital group consists of seven hospitals located throughout
Brooklyn, Queens, Manhattan, and Staten Island, along with four
nursing homes and a home health care agency.  The Company and six
of its affiliates filed for chapter 11 protection on July 5, 2005
(Bankr. S.D.N.Y. Case No. 05-14945 through 05-14951).  Gary
Ravert, Esq., and Stephen B. Selbst, Esq., at McDermott Will &
Emery, LLP, filed the Debtors' chapter 11 cases.  On Sept. 12,
2005, John J. Rapisardi, Esq., at Weil, Gotshal & Manges LLP took
over representing the Debtors in their restructuring efforts.
Martin G. Bunin, Esq., at Thelen Reid & Priest LLP, represents the
Official Committee of Unsecured Creditors.  As of Apr. 30, 2005,
the Debtors listed $972 million in total assets and $1 billion in
total debts.  (Saint Vincent Bankruptcy News, Issue No. 21;
Bankruptcy Creditors' Service, Inc., 215/945-7000)


SAINT VINCENTS: Posts $9.2 Million Net Loss in December 2005
------------------------------------------------------------

                          SVCMC Debtors
               Unaudited Consolidated Balance Sheet
                     As of December 31, 2005

ASSETS
Cash & Cash Equivalents                              $45,020,423
Investments                                                    -
Patients Accounts Receivable, less allowance for
    doubtful accounts                                174,770,219
Accounts Receivable                                   36,065,395
Other Current Assets                                  58,686,469
                                                  --------------
    Total Current Assets                             314,542,506

Depreciation Reserve Funds & Collaterized Assets      13,863,166
Assets Designated for Self-Insurance
    Investments at Market                             44,674,493
Assets whose use is limited -
    Investments at Market                             52,103,836
Other Non-Current Assets                              22,309,840

Land, Buildings & Equipment, net of
    Accumulated Depreciation                         284,224,156
                                                  --------------
    Total Assets                                    $731,717,997
                                                  ==============

LIABILITIES AND NET ASSETS
Liabilities Subject to Compromise:
    HFG Loan                                                   -
    Accounts Payable & Accrued Expenses              234,975,020
    Estimated Retroactive Payables to
       Third Parties, net                            111,796,480
    Long-term Debt                                   131,747,641
    Long-term Debt, excluding current installments             -
    Estimated Liability for Self-Insurance           171,531,732
    Other Liabilities                                 58,472,461
                                                  --------------
    Total Liabilities Subject to Compromise          708,523,334

Liabilities Not Subject to Compromise:
    Accrued Salaries & Payroll Taxes Withheld         47,960,436
    Accounts Payables & Accrued Expenses              93,346,512
    Long-term Debt (GE)                              169,000,000
                                                  --------------
    Total Liabilities                              1,018,830,282

Net Assets:
    Unrestricted                                    (345,526,842)
    Temporarily Restricted                            32,807,924
    Permanently Restricted                            25,606,633
                                                  --------------
    Total Net Assets                                (287,112,285)
                                                  --------------
    Total Liabilities & Net Assets                  $731,717,997
                                                  ==============

                          SVCMC Debtors
             Unaudited Consolidated Income Statement
              From December 1 to December 31, 2005

Operating Revenue
    Inpatient                                        $62,659,717
    Outpatient                                        31,975,569
                                                  --------------
       Patient Service Revenue                        94,635,286
                                                  --------------
    Less Provision for Bad Debt                        8,697,446
                                                  --------------
       Net Patient Service Revenue                    85,937,840
                                                  --------------
    Pool Revenue                                       4,298,504
    Capitation                                         7,263,043
    Other                                              9,850,288
                                                  --------------
    Total Operating Revenue                          107,349,675

Operating Expenses:
    Salaries and Wages                                48,802,241
    Fringe Benefits                                   13,978,077
    Supplies and Other                                38,321,583
    Insurance                                          4,259,678
                                                  --------------
    Total Direct Operating Costs                     105,361,578

    Salaries and Wages                                 2,750,338
    Fringe Benefits                                      765,708
    Supplies and Other                                 7,764,133
                                                  --------------
    Total Corporate Allocated                         11,280,178
                                                  --------------
    Total Operating Expense                          116,641,757
                                                  --------------
Interest                                               2,377,228
Depreciation                                           4,521,205
                                                  --------------
    Operating Gain (Loss) Before
       Non-Recurring and/or Unusual Items            (16,190,515)

Non-Recurring and/or Unusual Items:
    Discontinued Operations (St. Mary's)                       -
    St. Mary's Op Pac Rate Adjustment                          -
    ZBEC/HFE Recoveries                                  129,093
    Restructuring & Bankruptcy Related Costs          (2,825,299)
    Estimated Close-out of St. Mary's                  4,737,984
    Hanys Investment Income (SFS INS)                    (83,123)
    Prior Period Ambulance Revenue                             -
    Transfer of Equity Foundation                              -
                                                  --------------
    Total Non-Recurring and/or Unusual Items           1,958,655
                                                  --------------
    Operating Gain (Loss) After
       Non-Recurring and/or Unusual Items            (14,231,860)
                                                  --------------
Non-Operating Revenue                                10,054,501
Change in Temporary Restricted Net Assets             2,405,753
                                                  --------------
    Change in Net Assets                             ($1,771,606)
                                                  --------------
    EBITDA                                           ($9,292,082)
                                                  ==============

The Debtors note that due to year-end adjustments, several
reclasses were made to prior periods, only case-to-date figures
are shown in the Statement of Cash Flows.

                          SVCMC Debtors
                Unaudited Statement of Cash Flows
              From July 5, 2005 to December 31, 2005

Cash Flows from Operation Activities:
    Changes in Net Assets                           ($94,284,933)

Adjustments to Reconcile Changes in Net Assets
    to Net Cash Provided by Operating Activities:
    Depreciation & Amortization                       22,996,299
    Gain on Refinancing                               (9,554,501)
    Change in Unrealized Gains & Losses                2,247,027
    Change in Patient's Accounts Receivable           37,903,630
    Change in Accounts Receivables, Other            (13,979,179)
    Change in Prepaid Expenses & Other                (5,025,070)
    Change in Other Non-Current Assets                  (199,523)
    Change in Accounts Payable &
       Accrued Exp-Prepetition                        (5,195,010)
    Change in Accounts Payable &
       Accrued Exp-Postpetition                       93,346,512
    Change in Accrued Salaries & P/R Taxes           (12,848,217)
    Change in Est. Retro rec/pay
       from/to third parties                          19,644,692
    Change in Est. Liability for self-insurance       25,138,221
    Change in Other Non-Current Liabilities          (10,790,617)
                                                  --------------
    Net Cash Provided by Operating Activities         49,399,331

Cash flows From Investment Activities:
    Sale of Investments, Net                          78,824,570
    Sale of Assets Whose Use is Limited                  653,864
    Acquisition/Sale of Land, Building,
       & Equipment                                    (4,416,731)
                                                  --------------
    Net Cash Provided by Investing Activities         75,061,703

Cash flows From Financing Activities:
    Proceeds/Repayment From/of Working Capital Loan  (28,494,161)
    Proceed from issuance of Long-term debt              903,000
    Repayment of Long-term debt                      (50,491,347)
                                                  --------------
    Net Cash (Used) in Financing Activities          (78,082,508)

    Net Increase (Decrease)
       in Cash & Cash Equivalents                     46,378,526

    Cash & Cash Equivalents at Beginning of Month     (1,358,103)
                                                  --------------
    Cash & Cash Equivalents at End of the Month      $45,020,423
                                                  ==============

Headquartered in New York, New York, Saint Vincents Catholic
Medical Centers of New York -- http://www.svcmc.org/-- the    
largest Catholic healthcare providers in New York State, operate
hospitals, health centers, nursing homes and a home health agency.
The hospital group consists of seven hospitals located throughout
Brooklyn, Queens, Manhattan, and Staten Island, along with four
nursing homes and a home health care agency.  The Company and six
of its affiliates filed for chapter 11 protection on July 5, 2005
(Bankr. S.D.N.Y. Case No. 05-14945 through 05-14951).  Gary
Ravert, Esq., and Stephen B. Selbst, Esq., at McDermott Will &
Emery, LLP, filed the Debtors' chapter 11 cases.  On Sept. 12,
2005, John J. Rapisardi, Esq., at Weil, Gotshal & Manges LLP took
over representing the Debtors in their restructuring efforts.
Martin G. Bunin, Esq., at Thelen Reid & Priest LLP, represents the
Official Committee of Unsecured Creditors.  As of Apr. 30, 2005,
the Debtors listed $972 million in total assets and $1 billion in
total debts.  (Saint Vincent Bankruptcy News, Issue No. 21;
Bankruptcy Creditors' Service, Inc., 215/945-7000)


SOLUTIA INC: Posts $4 Million Net Loss in January 2006
------------------------------------------------------

                  Solutia Chapter 11 Debtors
     Unaudited Statement of Consolidated Financial Position
                   As of January 31, 2006

                            Assets

Current Assets:
Cash                                                 $8,000,000
Trade Receivables, net                              149,000,000
Account Receivables-Unconsolidated Subsidiaries      43,000,000
Inventories                                         186,000,000
Other Current Assets                                 86,000,000
                                                 --------------
Total Current Assets                                472,000,000

Property, Plant and Equipment, net                  669,000,000
Investments in Subsidiaries and Affiliates          541,000,000
Intangible Assets, net                              100,000,000
Other Assets                                         63,000,000
                                                 --------------
TOTAL ASSETS                                     $1,845,000,000
                                                 ==============

              Liabilities and Shareholders' Deficit

Current Liabilities:
Accounts Payable                                   $173,000,000
Short Term Debt                                     352,000,000
Other Current Liabilities                           162,000,000
                                                 --------------
Total Current Liabilities                           687,000,000

Other Long-Term Liabilities                         200,000,000
                                                 --------------
Total Liabilities not Subject to Compromise         887,000,000
Liabilities Subject to Compromise                 2,268,000,000

Shareholders' Deficit                            (1,310,000,000)
                                                 --------------
TOTAL LIABILITIES & SHAREHOLDERS' DEFICIT        $1,845,000,000
                                                 ==============

                  Solutia Chapter 11 Debtors
         Unaudited Consolidated Statement of Operations
              For the Month Ended January 31, 2006

Total Net Sales                                    $189,000,000
Total Cost Of Goods Sold                            171,000,000
                                                 --------------
Gross Profit                                         18,000,000
Total MAT Expense                                    17,000,000
                                                 --------------
Operating Income                                      1,000,000

Equity Earnings from Affiliates                       3,000,000
Interest Expense, net                                (5,000,000)
Other Income, net                                     2,000,000

Reorganization Items:
Professional fees                                    (3,000,000)
Employee severance and retention costs                        -
Settlements of prepetition claims                    (1,000,000)
Other                                                (1,000,000)
                                                 --------------
Total Reorganization Items                           (5,000,000)
                                                 --------------
Loss Before Taxes                                    (4,000,000)
Income Taxes                                                  -
                                                 --------------
NET LOSS                                            ($4,000,000)
                                                 ==============

Headquartered in St. Louis, Missouri, Solutia, Inc. --
http://www.solutia.com/-- with its subsidiaries, make and sell a
variety of high-performance chemical-based materials used in a
broad range of consumer and industrial applications.  The Company
filed for chapter 11 protection on December 17, 2003 (Bankr.
S.D.N.Y. Case No. 03-17949).  When the Debtors filed for
protection from their creditors, they listed $2,854,000,000 in
assets and $3,223,000,000 in debts.  Solutia is represented by
Richard M. Cieri, Esq., at Kirkland & Ellis.  Daniel H. Golden,
Esq., Ira S. Dizengoff, Esq., and Russel J. Reid, Esq., at Akin
Gump Strauss Hauer & Feld LLP represent the Official Committee of
Unsecured Creditors, and Derron S. Slonecker at Houlihan Lokey
Howard & Zukin Capital provides the Creditors' Committee with
financial advice.  (Solutia Bankruptcy News, Issue No. 56;
Bankruptcy Creditors' Service, Inc., 215/945-7000).


TOWER AUTOMOTIVE: Posts $30.5 Million Net Loss in December 2005
---------------------------------------------------------------

             Tower Automotive, Inc. and Subsidiaries
              Unaudited Consolidated Balance Sheets
                     As of December 31, 2005
                          (In Thousands)

CURRENT ASSETS:
   Cash and cash equivalents                               $858
   Accounts receivable, net                             177,632
   Inventories                                           60,855
   Prepaid tooling and other                             67,031
                                                     ----------
      TOTAL CURRENT ASSETS                              306,376
                                                     ----------

   Property, plant and equipment, net                   542,354
   Investment in joint ventures                               -
   Investment in subsidiaries                           733,007
   Inter-company receivables                                  -
   Other assets, net                                     60,720
                                                     ----------
      TOTAL ASSETS                                   $1,642,457
                                                     ==========

CURRENT LIABILITIES NOT SUBJECT TO COMPRISE:
   Current maturities of long-term debt                 $14,257
   Accounts payable                                     130,288
   Accrued liabilities                                  155,797
                                                     ----------
      TOTAL CURENT LIABILITIES                          300,342
                                                     ----------
   Liabilities subject to comprise                    1,137,685

   Non-Current Liabilities Not Subject to
    Compromise:

      Long-term debt, net of current maturities          84,754
      DIP borrowings, net of current maturities         531,000
      Other non-current liabilities                     130,424
                                                     ----------
      TOTAL LIABILITIES                               2,184,205

      STOCKHOLDERS' DEFICIT                            (541,748)
                                                     ----------
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT          $1,642,457
                                                     ==========

             Tower Automotive, Inc. and Subsidiaries
                Unaudited Statement of Operations
                      December 1 to 31, 2005
                          (In Thousands)

Revenues                                               $119,156
Cost of sales                                           125,984
                                                     ----------
Gross profit                                             (6,828)

Selling, general and administrative expenses              2,065
Restructuring and asset impairment charges, net          18,970
                                                     ----------
Operating income (loss)                                 (27,863)

Interest expense                                          5,840
Interest income                                          (1,858)
Other income                                                  -
Chapter 11 and related reorganization items               3,303
                                                     ----------
Income (loss) before provision for income taxes,
   equity earnings and minority interest                (35,148)

Provision (benefit) for income taxes                     (4,592)
                                                     ----------
Income (loss) before equity in earnings                 (30,556)

Equity in earnings of joint ventures, net of tax             (7)
                                                     ----------
NET LOSS/(INCOME)                                      ($30,563)
                                                     ==========

             Tower Automotive, Inc. and Subsidiaries
                Unaudited Statement of Cash Flows
                      December 1 to 31, 2005
                          (In Thousands)

OPERATING ACTIVITIES:
   Net loss                                            ($30,563)

   Adjustments required to reconcile net loss to net
    cash provided by (used in) operating activities:

      Chapter 11 & related reorganization expenses        1,466
      Restructuring and asset impairment, net            17,569
      Depreciation                                        8,317
      Equity in earnings of joint ventures, net               7
      Change in working capital and operating items      13,656
                                                     ----------
      Net cash used in operating activities              10,452
                                                     ----------
INVESTING ACTIVITIES:
   Capital expenditures                                  (3,908)
                                                     ----------
      Net cash used for investing activities             (3,908)
                                                     ----------

FINANCING ACTIVITIES:
   Proceeds from prepetition borrowings                       -
   Repayments of prepetition borrowings                       -
   Borrowings from DIP credit facility                   78,000
   Repayments of borrowings from DIP credit facility    (88,000)
   Net proceeds from issuance of common stock                 -
                                                     ----------
      Net cash provided by financing activities         (10,000)
                                                     ----------
Net Change in cash and cash equivalents                  (3,456)
                                                     ----------
Cash and Cash Equivalents, beginning of period            4,314

Cash and Cash Equivalents, end of period                   $858
                                                     ==========

Headquartered in Grand Rapids, Michigan, Tower Automotive, Inc.
-- http://www.towerautomotive.com/-- is a global designer and
producer of vehicle structural components and assemblies used by
every major automotive original equipment manufacturer, including
BMW, DaimlerChrysler, Fiat, Ford, GM, Honda, Hyundai/Kia, Nissan,
Toyota, Volkswagen and Volvo.  Products include body structures
and assemblies, lower vehicle frames and structures, chassis
modules and systems, and suspension components.  The Company and
25 of its debtor-affiliates filed voluntary chapter 11 petitions
on Feb. 2, 2005 (Bankr. S.D.N.Y. Case No. 05-10576 through 05-
10601).  James H.M. Sprayregen, Esq., Ryan B. Bennett, Esq., Anup
Sathy, Esq., Jason D. Horwitz, Esq., and Ross M. Kwasteniet, Esq.,
at Kirkland & Ellis, LLP, represent the Debtors in their
restructuring efforts.  When the Debtors filed for protection from
their creditors, they listed $787,948,000 in total assets and
$1,306,949,000 in total debts.  (Tower Automotive Bankruptcy News,
Issue No. 29; Bankruptcy Creditors' Service, Inc., 215/945-7000)


XYBERNAUT CORP: Posts $802,141 Net Loss in January 2006
-------------------------------------------------------
On Feb. 23, 2006, Xybernaut Corporation filed its monthly
operating report for the month of January 2006 with the U.S.
Bankruptcy Court for the Eastern District of Virginia, Alexandria
Division.

The company reported a $802,141 net loss on $38,864 of revenue
for the month of January 2005.

At Jan. 31, 2005, the Company's balance sheet reflects:

      Total Assets                        $3,611,836
      Total Liabilities                    4,503,865
      Stockholders' Deficit                ($892,029)

A full-text copy of Xybernaut Corporation's January 2006 Monthly
Operating Report is available at no charge at
http://ResearchArchives.com/t/s?609

The Company's affiliate, Xybernaut Solutions, Inc., also filed its
monthly operating report for the month of December 2005 with the
U.S. Bankruptcy Court for the Eastern District of Virginia.

A full-text copy of Xybernaut Solution Inc.'s January 2006 Monthly
Operating Report is available at no charge at
http://ResearchArchives.com/t/s?60a

Headquartered in Fairfax, Virginia, Xybernaut Corporation,
develops and markets small, wearable, mobile computing and
communications devices and a variety of other innovative products
and services all over the world.  The corporation never turned a
profit in its 15-year history.  The Company and its affiliate,
Xybernaut Solutions, Inc., filed for chapter 11 protection on
July 25, 2005 (Bankr. E.D. Va. Case Nos. 05-12801 and 05-12802).
John H. Maddock III, Esq., at McGuireWoods LLP, represents the
Debtors in their chapter 11 proceedings.  When the Debtors filed
for protection from their creditors, they listed $40 million in
total assets and $3.2 million in total debts.

                             *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers'
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.  
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

A list of Meetings, Conferences and Seminars appears in each
Wednesday's edition of the TCR. Submissions about insolvency-
related conferences are encouraged.  Send announcements to
conferences@bankrupt.com/

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

For copies of court documents filed in the District of Delaware,
please contact Vito at Parcels, Inc., at 302-658-9911.  For
bankruptcy documents filed in cases pending outside the District
of Delaware, contact Ken Troubh at Nationwide Research &
Consulting at 207/791-2852.

                             *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors' Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Frederick, Maryland,
USA.  Marie Therese V. Profetana, Shimero Jainga, Emi Rose S.R.
Parcon, Rizande B. Delos Santos, Cherry A. Soriano-Baaclo, Terence
Patrick F. Casquejo, Christian Q. Salta, Jason A. Nieva, Lucilo
Junior M. Pinili, Tara Marie A. Martin and Peter A. Chapman,
Editors.

Copyright 2006.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $725 for 6 months delivered via e-
mail. Additional e-mail subscriptions for members of the same firm
for the term of the initial subscription or balance thereof are
$25 each.  For subscription information, contact Christopher Beard
at 240/629-3300.


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