Game Time Sports Goods, based in Canton, GA, filed for Chap. 7 bankruptcy protection on Feb. 15. The business, headed by owner Donna Scott Godfrey, experienced a 92% decline in annual net income in FY10 to $8,587 from $101,165 a year earlier. Petition lists $272,104 in liabilities, including $240,636 owed to unsecured creditors, and $8,550 in assets. First meeting of creditors is scheduled for Mar. 21. Trade creditors are led by Easton Sports ($16,518), Worth ($9,577), Alleson ($7,851), The Game ($6,628), McDavid ($4,973), VF Imagewear ($4,471), and TSC Apparel ($3,000).

Meanwhile, in Grand Rapids, MI, The Jock Shop of ... Log in to view full article.