Reusable sticky note startup mcSquares, which also does business as M.C. Squares, filed for chapter 11 protection just days before Christmas, the Denver Business Journal reported. Thornton, Colo.-based mcSquares sells reusable home, office and classroom products such as sticky notes, planners, calendars and to-do lists. According to the filing, the company will propose a reorganization plan that suits the best interests of its creditors. A plan has not yet been filed with the District of Colorado bankruptcy court. According to the Dec. 22 bankruptcy filing, mcSquares owes between 20 and 49 creditors approximately $3.34 million. The filing also states that mcSquares has roughly $906,000 in assets and about $5.7 million in net operating losses.
