TheGlobe.com Inc (TGLO)

[Toxic Avenger]

Definitely a pump piece. First of all, successor companies can't take shell tax losses unless they continue the business of the shell, which clearly isn't happening here.

Secondly, it will be a minimum of 3 years and likely longer before Delfin generates any revenues. Then more years until they generate any profits. By then it's likely their accumulated losses will be in the billions. They're not going to need additional tax credits.