InvestorsHub Logo
Followers 34
Posts 7258
Boards Moderated 0
Alias Born 12/14/2009

Re: mellowbird post# 58227

Saturday, 07/18/2015 2:40:22 AM

Saturday, July 18, 2015 2:40:22 AM

Post# of 111160
The article you are referring don't even have second grader math for you.... Lol!

I will just repeat for your comprehension. The approximate 230B deficit is a NOL!! ...

I REPEAT!!
The approximate 230B DEFICIT IS A NOL itself !! THEY LOST THAT MONEY !!

The cancellation of 230B debt will cancell the 230B NOL Dollar for dollar..... One minus one equals nada COMPRENDE?

Now, there is also a loss of equity capital, the declared 55B NOL and maybe higher. Should I have to explain to you that the equity capital is not a borrowed money? ... Lol! Lol!

That is for your second grader math... Lol! ...Har har har!! :p

What is NOL??
... NET OPERATING LOSS..

Net Operating capital loss is a general loss of money in business operation so they file bankruptcy.

Another second grader comprehension.

Shall I do the math here to help you?

Ha ha!