P10 Industries Inc. (PX)

[value1008]

That's an interesting topic you raise, Paideia. At this point, we don't know how much cash RCP is holding, a point hopefully to be clarified perhaps as soon as news of acquisition closing, but maybe not until filing of PIOE's Q4 results.

Given that the press release stated RCP's relevant segments to have had revenues for the year of $23M, that suggests to me that many years would be needed to exhaust PIOE's mountain of NOLs.

So could some of that "mountain" be used to buy another profitable co. that could richly benefit from those NOLs?

I don't see why not -- if RCP has built up a sizeable cash position, a transaction could be enacted mostly for cash and maybe not a lot of dilutive shares, since any share-heavy transaction would further dilute 210 Capital (i.e., Alpert and Webb) and the RCP guys. But maybe they don't mind some further dilution if the value of their shares appreciates higher with more EPS from an acquisition.

As we've agreed, this is a very interesting story going forward, with lots of possibilities.....