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DOLV is current.
Can we get it as a sticky, please!?! This is great! Thank you xlogic3k!!
I can certainly wait for that.. Wow..
Links work now!! Thanks a million!! U rock!
Hmmm.. Pic doesn't show. Do you have it set to private?
Great update! Much appreciated, bong!
Ah.. That is too bad of that's the case.
Is there any way you could divulge the rest of it? Screenshots perhaps? Or at least the context or content and general mood of the letter?
This is waaaaay to exciting not to ask!
No.. I have not. Can you disclaim which area of the US are you in? And when was this letter postmarked and from where?
It could give all an idea when to expect it based on the mailing origin.
Does the last row in a balcony count?! Lol.. I am in!!!
Absolutely.. If anything we learn in the pinkies market is that you do your own DD and trust the gut to deternine what you can or cannot invest.
How does this one feel to you? Does it make you. ..tingle. ?!
They turn into dollars!
Lol.. Agreed!!!
.. and thank you
Not at all.. Actually.. I was as dumb as many to believe I could hit it big.. Because someone said so.. And because I really looked into RR and his businesses.
I think he's brilliant. In a business sense. He would not be in where he is now if he wasn't.
But I trust my gut feeling when in comes to interpratations and I leverage them with FACTs.
I don't have money to waste and I have family to support. So I make my call based on my knowledge.
I also believe that there could be a few in my position but without knowledge or understanding. So I simply share what I know.
I simply state what I know. You take it or leave it.
We are all resposible adults here.. Right?
No. It is gone. It was deleted yesterday.
Suspending operations or disposing of assets to leave an empty shell is possible. As long as you maintain active entity status with the Secretary of the State and maintain capital and tax attributes by filing continuous tax returns.
Once you dissolve the entity and file final tax return you forfeit any claim to the above and tou simple go .... Pooof..
No. I sold any remaining shares last Monday. When the Articles of Dissolutions were posted on SoTS site.
Nothing to start.. Rvue ended..
Just making a conversation for future understanding.
Mine as well as others.
I stand by the facts.
Not theories of someone's motovations or business ethics.
The pps was at .01 because someone sold to someone who bought.
The outstanding shares were canceled. If any were yours.. Claim a capital loss on what bases you had remaining.
If RR had outstanding capital..he will do the same.
Take a look at Finra daily reports for few days. You will surprised to see how many tickers get deleted or added..
Now imagine non-trading entities dissolutions in all US states.
Bet you can't.. Sadly it is that many.
Those shares did not go to him. They were canceled.
Some that sold will claim capital gain the rest will claim a capital loss.
It's a wash on the market.
No cash was or will be distributed.
My biggest concern about any interpretation by a supporter of this stock after the dissolution was that they chose to isolate half a sentence.. Or portion of a filing.. Or unrelated theory or unsubstatiated bogus law interpretation.. whatever made them feel better. All to just present it as a Fact and a guarantee..
You really have to take every aspect and entire picture into a consideration to make an informed decision.
NOL by itself is argumentative.. P/R by itself is too.. So are Articles of Dissolution and UCC sale records..
BUT.. It all ties together. Take the entire picture and realize the outcome. It could not have be any clearer.
Actually.. He did not forgive them. It was not a COD transaction but a sale.
That is a significant difference that it's good to keep in mind trying to understand those types of situations.
Yes.. Thank you. That was one of the notes.
In an indirect way.. Yes. The assets were sold to Roche Enterprises in exchange for the debt (notes) rVue owed to the above buyer and Roche.
No specific financial information was disclosed for this transaction. My understanding and recollection of the latest financials was that the debts far exceeded value of the assets.
Related party transaction could have dampen any benefit of that acquisition as well. We will never know.
Rvue had no remaining assets prior to the dissolution. All were sold in UCC sale a month ago.
Do you believe the entity will continue filing tax returns claiming carryforward benefits and capital balance after dissolution?
Does that follow IRS regulations? And if a 'final' tax return is filed do you believe IRS allows 'reinstatement' of FEIN..or of capital and tax benefits to the shareholders?
I am just trying to understand, based on current facts, what financial advantages ..if any.. Might still exist in the future..
I disagree.
Enjoy your cold ones!
There is a huge difference between a corporation being non-operational or defunct And one being dissolved.
Piercing a corporate veil in litigation for not following up with the conditions set in the Articles of Incorporation or public statement to the the minority shareholders might even be easier than reviving or reinstanting of a corporation status.
I must believe those options were considered before taking an official steps to sell, liquidate and dissolve the entity.
Your analysis and perspective of rVue have gained my utmost respect.
(I am sure you don't care.. But you deserve another member mark. Thank you, sir)
I am thinking about the potential lifetime tax savings the Roche family might benefit from. That is if they chose not to dump their shares but keep the capital intact.
You do remember that the capital losses don't expire and can offset future gains.. Huge gains that I can only imagine this family will generate.
rVue losses kind of seem small in comparison to the potential of this conglomerate.
Linkedin. ?? Really.. ?? .not Facebook?
Great! Let's set up a conference call. I will be available at 2pm-5pm EST. If you can arrange it.. Please provide the call and code number in private message.
That should put all issues to rest.
I don''t see any indication of an R/M initialized or attempted here
Untill there is... I can only fairly comment on substantiated current facts.
Crystal bowl reading or spreculations are not my forté. I'm sorry.
I stil am and I respect some of his business integrity.
After all.. He gave investors of a failed business a chance to get out and recoup some in estments. An entire week as a matter of fact.. since filing of Articles of Dissolutions.
Thank you. Much appreciated it. I would like to know what detail you'll find outand share with the investors.
I didn"t know that. Forgive me. I was just replying to an ihub post.
How far did you get reading the subsections?
Take your time. I am not in a rush :)