Sugarmade Inc (SGMD)

[Striker7]

Ha! So you are willing to learn!

Love that.

Well..... NOL's ...known as Net Operating Losses show what the past looked like. However, they don't do the best job looking forward and in fact... don't look forward at all !...., but do an incredible job helping you understand the pain of where a company has been. Its the bread crumb trail of woes.

SOOOOO here is the cool part ---that $29 mil in NOL's ? Guess what you get $29 mil loss carry forwards!! Not exactly 100% dollar for dollar but its a big deal. Like a HUGE deal. Big enough deal it carries a line item "value" in any M&A transaction.

You know, I would rather have a company that changed its business plan to a killer business plan with a fantastic future AFTER getting destroyed for years losing their butt and creating a huge big BEAUTIFUL Net Operating Loss ... like this wonderful $29 million dollar "asset" that can be used for the good of the company going forward. It helps get the new biz up and running without being handy capped by "taxes".

There you go friend. That $29 million blob of a number is an amazing "asset of sorts" going forward.

Appreciate your posts - got to have both sides to create a market.