$Amazing $Biotech & $olid $Microcap $tocks

[ash111]

SSH, this could change the whole picture.very positive. I might join you. https://twitter.com/StockExpert3/status/822488589896417280

About NOLs:
look here to see how NOLs are used by companies to offset taxes.

https://globenewswire.com/news-release/2016/12/28/901923/0/en/Live-Ventures-Announces-Biggest-Year-in-Company-History-Achieving-Record-Earnings-of-8-92-Per-Share-With-Continued-Growth-Anticipated-in-2017.html

"The company’s outstanding year-end results were partially attributable to the stellar performance at its wholly owned subsidiary, Marquis Industries, and partially to other non-cash income realized in connection with the Company’s deferred tax assets. These net operating losses (NOLs) were accumulated prior to Live Ventures becoming a diversified holding company and allow it to defer over $30M in future income. The NOLs provide the company a unique advantage in that it can keep a substantial portion of its income -- which normally would have been expensed at approximately 35 percent for taxes, and redeploy it in other areas such as stock repurchases, retirement of debt, or new acquisitions. Although a portion of this year’s earnings was attributable to its deferred tax assets, management believes the growth factors explained below will offset non-cash income realized during this year".