Compucorp filed to offer securities to creditors.
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In a filing with the SEC, the Santa Monica-based office-automation company also indicated that it expects a net loss of about $17 million on revenue of about $24 million for the fiscal year ended last Dec. 31. The company said the securities would be offered as part of a plan approved by the creditors committee. For the first quarter of 1985, the company said it expects to report revenue of $7 million, “with the anticipation of a nominal profit.”
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