Golden Mountain Financial Holdings Corp. (fka FNBCQ)

[carbonfiltered]

Hey all- I’ve been in NOLs plays before and all of them that worked did so like this, all were successful and all had commons protected:

1. Find a 49% equity buyer to protect the NOLs ( will lose them if greater than 50%).

2. Increase AS just enough to give them 49% equity ( must use all treasury shares first).

3. Partner brings enough cash to satisfy all liabilities or pre-negotiate them before presenting to BK Judge will sign off since both parties pre agreed.

4. Shares get swapped after approval for new shares . This is when the new stock is issued to partner as BK company can’t change share structure while in BK.

5. Stock goes to grey sheets for a couple months until FINRA approves MM application to trade them.

6. Stock trades live again.

7. Acquire a profitable business to take advantage of NOLs- can be any business.


Every single NOL play I have been apart of has netted from 500-2500% - so far, I’m still in all of them.

This is how PIOE, CRSS, and RELY did it and it works. Not sure if banks have different rules but the process I’m sure is the same.

Haven’t bought in yet, you will know when I do because i love underdog champions like these.