P10 Industries Inc. (PX)

[chemist72]

I really don't know how it works either.

I can understand how RCP as an entity can't own more than 50% of PIOE shares, but what does that mean? Are the shares registered in the name of RCP? Just guessing, I would say yes. Then, as they mentioned, they could give shares away to employees as incentives or whatever and then those shares would be re-registered in an individual's name.

I'm just making things up as I go along here, because I'm neither an accountant nor an employee of the IRS, so I really have no background to speak about this. -lol

In any case, thinking about this is likely just a waste of time, as I'm 99.999% sure that neither RCP nor Webb or Alpert would do anything to invalidate the use of POIE's NOLs. And that is probably the most important thing to remember!