BRIEF-Progressnow Invest says bankruptcy proceedings open

* For fiscal 2015 expects loss of 2.96 million Swiss francs ($3 million)or 4.22 francs per share Source text - http://bit.ly/1CB5RQ0 Further company coverage: ($1 = 0.9976 Swiss francs) ...

from Reuters: Bankruptcy News http://ift.tt/1WaQHsz