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/raid1/www/Hosts/bankrupt/TCR_Public/201212.mbx T R O U B L E D C O M P A N Y R E P O R T E R Saturday, December 12, 2020, Vol. 24, No. 346 Headlines BRIGGS & STRATTON: Reports $2.12 Million Net Loss at Oct. 25 CHINESEINVESTORS.COM INC: Incurs $76,244 Net Loss at Sept. 30 CHINESEINVESTORS.COM INC: Posts $5,304 Net Income in October FRONTIER COMMUNICATIONS: Had $12.74 Million Net Income in October ********* BRIGGS & STRATTON: Reports $2.12 Million Net Loss at Oct. 25 ------------------------------------------------------------ Briggs & Stratton Corporation, et al., filed with the U.S. Securities and Exchange Commission their monthly operating report for the period from September 28, 2020 to October 25, 2020. The Debtors' consolidated statement of operations showed a net loss of $2.12 million on $nil of net sales for the period. As of October 25, 2020, the Debtors listed $239.83 million in consolidated total assets, $652.12 million in consolidated total liabilities, and -$412.29 million in consolidated total shareholders' investment. They listed total receipts of $17.70 million and total disbursements of $34.94 million for the reporting period. A copy of the monthly operating report is available at the SEC at: https://bit.ly/36rvxV1 About Briggs & Stratton Corp. Briggs & Stratton Corporation is a producer of gasoline engines for outdoor power equipment and a designer, manufacturer and marketer of power generation, pressure washer, lawn and garden, turf care, and job site products. The Company's products are marketed and serviced in more than 100 countries on six continents through 40,000 authorized dealers and service organizations. Visit https://www.basco.com for more information. Briggs & Stratton Corporation and four affiliates concurrently filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code (Bankr. E.D. Mo. Lead Case No. 20-43597) on July 20, 2020. The petitions were signed by Mark A. Schwertfeger, senior vice president and chief financial officer. At the time of the filing, Briggs & Stratton Corporation disclosed total assets of $1,589,398,000 and total liabilities of $1,350,058,000 as of March 29, 2020. Judge Barry S. Schermer oversees the cases. The Debtors tapped Weil, Gotshal & Manges LLP as bankruptcy counsel; Carmody MacDonald P.C. as local counsel; Foley & Lardner LLP as corporate counsel; Houlihan Lokey Inc. as investment banker; Ernst & Young, LLP as restructuring and tax advisor; Deloitte LLP as auditor and tax consultant; and Kurtzman Carson Consultants, LLC as claims and noticing agent. The U.S. Trustee appointed a committee to represent unsecured creditors in Debtors' Chapter 11 cases. CHINESEINVESTORS.COM INC: Incurs $76,244 Net Loss at Sept. 30 ------------------------------------------------------------- Chineseinvestors.com, Inc., on October 14, 2020, filed with the U.S. Securities and Exchange Commission its monthly operating report for the month ending September 30, 2020. The Debtor's statement of operations showed a net loss of $76,244 on $230,972 in revenue for the period. The Debtor posted $6.63 million in total assets, $11.85 million in total liabilities, and -$5.22 million in total shareholders' equity as of September 30, 2020. The Debtor had $114,915 total cash available at September 30, 2020. A copy of the monthly operating report is available at the SEC at: https://bit.ly/37h7Ttr About Chineseinvestors.com Chineseinvestors.com, Inc. was established as an 'in language' (Chinese) financial information web portal that provides information about US Equity and Financial Markets, as well as other financial markets. Chineseinvestors.com, Inc., filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. C.D. Cal. Case No. 20-15501) on June 18, 2020. In the petition signed by Wei Warren Wang, CEO, the Debtor disclosed $2,655,736 in assets and $11,574,081 in liabilities. Rachel M. Sposato, Esq., at The Hinds Law Group is the Debtor's counsel. CHINESEINVESTORS.COM INC: Posts $5,304 Net Income in October ------------------------------------------------------------ Chineseinvestors.com, Inc. filed with the U.S. Securities and Exchange Commission its monthly operating report for the month ending October 31, 2020. The Debtor's statement of operations showed a net income of $5,304 on $212,444 of net sales in October, a swing from $76,244 net loss listed for September. The Debtor posted $6.52 million in total assets, $11.74 million in total liabilities, and -$5.22 million in total shareholders' equity as of October 31, 2020. The Debtor had $37,233 total cash available at October 31, 2020. A copy of the monthly operating report is available at the SEC at: https://bit.ly/2JvE8wU About Chineseinvestors.com Chineseinvestors.com, Inc. was established as an 'in language' (Chinese) financial information web portal that provides information about US Equity and Financial Markets, as well as other financial markets. Chineseinvestors.com, Inc., filed its voluntary petition for relief under Chapter 11 of the Bankruptcy Code (Bankr. C.D. Cal. Case No. 20-15501) on June 18, 2020. In the petition signed by Wei Warren Wang, CEO, the Debtor disclosed $2,655,736 in assets and $11,574,081 in liabilities. Rachel M. Sposato, Esq., at The Hinds Law Group is the Debtor's counsel. FRONTIER COMMUNICATIONS: Had $12.74 Million Net Income in October ----------------------------------------------------------------- Frontier Communications Corporation, et al., filed with the U.S. Securities and Exchange Commission their monthly operating report for October 2020. The Debtors' statement of operations showed a net income of $12.74 million on $569.78 million of revenue in October. As of October 31, 2020, the Debtors listed $16.79 billion in total assets, $21.70 billion in total liabilities, and -$4.91 billion in total shareholders' equity. They listed total cash receipts of $2.73 billion and total cash disbursements of $2.71 billion for October. A copy of the monthly operating report is available at the SEC at: https://bit.ly/3lu6mp7 About Frontier Communications Frontier Communications Corporation provides communications services to consumer, commercial, and wholesale customers in the United States. It offers broadband, video, voice, and other services and products through a combination of fiber and copper-based networks to consumer customers. The company was formerly known as Citizens Communications Company and changed its name to Frontier Communications Corporation in July 2008. Frontier Communications Corporation was founded in 1927 and is based in Norwalk, Connecticut. ********* 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. On Thursdays, the TCR delivers a list of recently filed Chapter 11 cases involving less than $1,000,000 in assets and liabilities delivered to nation's bankruptcy courts. The list includes links to freely downloadable images of these small-dollar petitions in Acrobat PDF format. 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. The Sunday TCR delivers securitization rating news from the week then-ending. TCR subscribers have free access to our on-line news archive. Point your Web browser to http://TCRresources.bankrupt.com/and use the e-mail address to which your TCR is delivered to login. ********* 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., Washington, D.C., USA. Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog, Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa, Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo Fernandez, Christopher G. Patalinghug, and Peter A. Chapman, Editors. Copyright 2020. 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 $975 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 Peter A. Chapman at 215-945-7000. *** End of Transmission ***