The company is the target of two lawsuits and is in debt to several creditors. The Las Vegas Sun reports that it has about $1 to $10 million in assets and $10 million to $50 million in liabilities. It owes about $2.45 million to Creel Printing & Publishing Co. of Las Vegas, one of its largest creditors.
944 Magazine Files for Bankruptcy; Publishes Listacle About How Sexy Chapter 11 Is - Miami News - Riptide 2.0