Monday, November 21, 2016 4:51:27 PM
Looks like a great pickup. However, I must admit, I'm new to this kind of investment.
So what they'll have to do is acquire a profitable company which will then use the carryovers as part of the combined entity?
How are they going to acquire a profitable company to use the NOLs with the under $2 million in cash and without a substantial dilution? Or are we expecting the latter?
I still have to do a lot more DD on this play including reading up on the RELY case. This sure looks like it has a lot of long term potential.
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