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Re: toogoodfella post# 50949

Wednesday, 10/22/2014 12:08:51 PM

Wednesday, October 22, 2014 12:08:51 PM

Post# of 116226

This new business entity from the combination of asset and NOL will be able to merge with other business or multiple businesses but must maintain fifty percent or higher in ownership as required by the IRS rule in order to preserve the NOL.



Now seriously, what CEO of a profitable financial services company is going to give up his job and profitable company to you for NOL,which is all you have to offer.

But, it gets better. Because you expect multiple businesses to merge. Therefore, we have multiple(many) CEO's to give up their profitable companies and their jobs in order for you (LBHI) to use your NOL, which

]must maintain fifty percent or higher in ownership as required by the IRS rule in order to preserve the NOL,

to capitalize on the NOL.

This is just not going to happen. No CEO is going to give up his company, a profitable company at that, and his job for you so that you can use your NOL. And, you expect multiple companies to do this?

Sounds good. Good for you. But I fail to see the benefit to the CEO, or his company. The company you expect(need) to merge with.

As always, JMO.

















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