These are not mere "pennies-on-the-dollor "NOL's" that HIPPQ possesses. Indeed, it possesses over $124 MILLION of raw, cumulative, Net Operating Losses (your Boogey-Man "NOL's").
But all of those "raw" "NOL's" have already been CONVERTED (at a conversion rate of 35%) into $35,790,000 of gleaming, Tax-Code approved "Tax Deferred Assets"; all quietly lined-up and humbly waiting to be on-boarded into some lucky-Joe-acquirer's-balance-sheet ... and HIPP'Q's last periodic filing before the bankruptcy said as much.
Dear War: think of "NOL's" -- not as you have done so for the past 3 years --- but as the raw "stuff" that moonshiners throw into their stills in order to make good whiskey that can be sold in order to earn a very handsome profit: corn, malt, sugar, and yes, even "NOL's".
Then that "stuff" is distilled ... and out comes good whiskey ... and DAMNED good "Tax Deferred Assets" (for an acquiring company of course).
This is not 'mere puffery', nor even 'advanced rocket-science' ... NO ... it's just old fashioned, Tax Code-inspired, American-financial-"chemistry" ... with a very small spoonfull of greed.
HIPPQ WILL BE "ACQUIRED" --- BY SOME "MOONSHINER" OR OTHER, FOR ITS "TAX DEFERRED ASSETS"