Pryor Resources Files for Bankruptcy

Pryor Resources Inc., a business seminar company that markets largely by direct mail, filed for Chapter 11 bankruptcy protection in late July after terminating a substantial percentage of its staff.

The company cited several


Pryor Resources Files for Bankruptcy

Pryor Resources Inc., a business seminar company that markets largely by direct mail, filed for Chapter 11 bankruptcy protection yesterday after terminating a substantial percentage of its staff last week.

The company cited several “complex issues” as the reason for the filing including the state of the economy. This has caused an overall decline in training budgets, slower than anticipated adoption of the company