Alto Ingredients Inc (ALTO)

[ID Supermoney]

So this is why 2014 would have $287 million in NOLS available!!

per the 10K -

A portion of the Company’s net operating loss carryforwards will be subject to provisions of the tax law that limit the use of losses incurred by a company prior to the date certain ownership changes occur. The amount of the Company’s net operating loss carryforwards that would be subject to these limitations was approximately $374,810,000 at December 31, 2013.

Due to the limitation, a significant portion of these net operating loss carryforwards will expire regardless of whether the Company generates future taxable income. After reducing these net operating loss carryforwards for the amount which will expire, the Company had federal net operating loss carryforwards of approximately $45,250,000 and $45,424,000, and state net operating loss carryforwards of approximately $41,695,000 and $48,291,000, at December 31, 2013 and 2012, respectively.

$87 million lost in 2013 and $93 million lost in 2012!!

So we have $287 million available in 2014!!

Why did PEIX NOT USE ANY NOLS in Q1 of 2014???

I bet they still have NOT used any in Q2 2014 when released!!

Which they have stated in 8K today!! They PAID THE TAXES when they did NOT HAVE to !! WHY??????? DID THEY??????

Only reason none used in 2012 and 2013 NO PROFIT to use them!!


In 2014 they had every opportunity to use them in 2 QUARTERS!!!


Only reason For someone to use them would be the COMPANY BUYING PEIX out FOR THAT COMPANY to use about say $70 million in 2014!!!


BIGGER THINGS BEHIND THE SCENE HERE!!!


ID