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Thinkpath files for bankruptcy

March 31 2008

Toronto-based engineering staffing firm Thinkpath Inc. (OTCBB: THPHF.OB) announced March 14 that it was filing for chapter 11 bankruptcy protection, according to a filing with the U.S. Securities and Exchange Commission.

Thinkpath had revenue of $3.7 million in the quarter ended Sept. 30, 2007 and a net loss of $518,165, according to another filing with the SEC. In its most recently reported fiscal year, ending Dec. 31, 2006, the company had revenue of $13.5 million and a net loss of $4.9 million.

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