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Re: ItsMyOption post# 495107

Friday, 11/10/2017 9:17:59 AM

Friday, November 10, 2017 9:17:59 AM

Post# of 734460

We believe that the total available and utilizable NOL carry-forward at December 31, 2016 was approximately $6.0 billion and at September 30, 2017 we believe that there was no limit under Section 382 of the Code on the use of these NOLs. As of September 30, 2017 and December 31, 2016, the Company recorded a valuation allowance equal to 100% of the net deferred federal income tax asset due to uncertainty regarding the Company’s ability to realize these benefits in the future.

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  • 1Y
  • 5Y
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