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paideia

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paideia

Re: BioHunter post# 4344

Tuesday, 06/27/2017 8:56:06 AM

Tuesday, June 27, 2017 8:56:06 AM

Post# of 8795
Well, if it's large shareholders bailing on a company after a failed drug trial that renders hundreds of millions of dollars in NOLs worthless, wouldn't it be smart and profitable to only bail on 49% of the company? They might use ACXW/PIOE as a case study!

In most cases biotech companies will undergo one or more Ownership Changes after a drug fails and larger shareholders bail out. Once this happens, it is almost impossible to remedy the NOL usage limitation.
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