TheGlobe.com Inc (TGLO)

[Toxic Avenger]

"only a tax expert knows the true value and I tend to side with those of Delfin."

No one from Delfin has said anything about tax benefits, so you're not "siding" with them.

Might be better to stick with the actual law.

(c) Carryforwards disallowed if continuity of business requirements not met
(1) In general
Except as provided in paragraph (2), if the new loss corporation does not continue the business enterprise of the old loss corporation at all times during the 2-year period beginning on the change date, the section 382 limitation for any post-change year shall be zero.

https://www.law.cornell.edu/uscode/text/26/382