Voltari Corporation (fka VLTC)

[TheFinalCD]

VLTC most valuable asset could be the accumulated $410.3 million in federal and $67.5 million in state net operating loss carry forwards. This translates to $187 million in deferred tax assets

According to Seeking Alpha author Edward Vranic, CFA Voltari’s Deferred Tax Assets Make It A Buyout Target For A Profitable Related Company. he says ”As a majority common stock shareholder, Carl Icahn can compel the company to sell itself to a profitable industry competitor for the purpose of realizing these assets. Voltari has preferred shares that have a total redemption value of $41.2 million, of which Icahn owns 95%. He could either wait until the company becomes sufficiently profitable to pay preferred dividends on the stock, or he could get an immediate pay back upon an acquisition event.”