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Re: Huggy Bear post# 13212

Wednesday, 07/12/2017 11:02:48 PM

Wednesday, July 12, 2017 11:02:48 PM

Post# of 15240
That is correct Malc. The only way Rvue can preserve it's NOL is by merging with another company Before it is dissolved. Rvue should be dissolved within a week if the last pr was correct. Then it will fall into the category of zombie stock.

In addition since roche increased his ownership in 2016 he has severely limited any Nol benefits to a potential acquirer because of IRC 382...
https://www.law360.com/articles/720765/the-net-operating-loss-poison-pill-a-timely-prescription

"Section 382 of the Internal Revenue Code applies formulaic limitations on the ability of a company to utilize its NOLs in future years if it undergoes an “ownership change” (i.e., an ownership increase of 50 percentage points or more by 5 percent shareholders of the company during a three-year testing period). "

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