InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,469.30
(
0.39%
)
US TECH 100
19,216.80
(
0.22%
)
Dow Jones
39,112.16
(
-0.76%
)
Brent Oil
84.75
(
0.67%
)
Bitcoin
61,358.36
(
-0.73%
)
Post# of 62039
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

BeamMeUpScotty

Send PM Follow Ignore
Followers 603
Posts 29843
Boards Moderated 1
Alias Born 01/30/2012

BeamMeUpScotty

Re: stervc post# 35014

Sunday, 08/30/2015 12:30:44 PM

Sunday, August 30, 2015 12:30:44 PM

Post# of 62039
Stervc excellent post well worth a read by everyone here.

Accumulated losses are always a huge incentive to reverse into another company - especially when its in the same business as you are.

The $1.5m that Orotecno put up as guarantor to get SIRG bankruptcy will already pay for itself in the tax write off's over the next two years several times over!

Nothing like being able to write off profits against previous losses.

Seems like a very shrewd move by Orotecno to me.

SIRG

My post are my opinion only. You should do your own due diligence before investing in any stock or take professional advice. I am not an investment advisor. Kind Regards.

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up