Website doesnt work. Number is for car and limo service. Web search indicates they filed for BK a couple of years ago. Birch Communications has their former clients. If so stock may be worthless. Do your own DD.
Cordia Communications Files to Sell CLEC Business
Cordia Communications Inc. filed for Chapter 11 protection on May 1 in Orlando, Florida, intending to sell its business as a competitive local exchange carrier.
The filing was made to meet a deadline set by Verizon Communications Inc. (VZ) and the business will be sold through auction and sale procedures, according to court papers. No buyer is yet under contract.
Cordia, based in Winter Garden, Florida, generates $35 million in annual revenue in 27 states.
There are $16.9 million in priority tax claims and about $6.6 million in unsecured claims. The company doesn’t believe there are any valid secured claims. Court papers don’t put a value on the assets.
The case is In re Cordia Communications Inc., 11-06493, U.S. Bankruptcy Court, Middle District of Florida (Orlando).