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Re: Mr_Simpson72 post# 527663

Friday, 07/20/2018 1:32:38 PM

Friday, July 20, 2018 1:32:38 PM

Post# of 730626
Thank you Mr Simpson. I saw that orginal opinion that LG posted. They are being vague with the statement:

Merger, taken together with the other transactions contemplated by this Agreement and occurring on the Closing Date, should not result in an Ownership Change (the “382 Tax Opinion”)

Does this mean the 51% rule is still enforced but all the actions "to be taken" by close of merger will allow the company to adhere to that 51% requirement (in which case s4v happening)...

or are they saying, the NOLs are no longer restricted to the 51% rule going forward.

I think this is a question the company should be required to clarify to the shareholders.
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