News Focus
News Focus
Followers 64
Posts 8885
Boards Moderated 0
Alias Born 01/05/2009

Re: eddy2 post# 45048

Saturday, 09/29/2018 3:45:37 PM

Saturday, September 29, 2018 3:45:37 PM

Post# of 153687
I should also mention that if the company go public again to sell its tax debt. It can’t sell its previous tax loss. If the company decides to go dorment the assets will be sold and chances are after the sale of the tax credit at today’s low, low open market value because of the abundance of it available that the administration costs will exceed the recovery value of the tax credit available to the investor. There is a statue of limitations on whether it can be sold or not. I don’t want to get into that here today.

The way it looks now it’s very slim anything can be recovered for the public shareholder and the common shareholders we all no very well they will receive nothing.

Trade Smarter with Thousands

Leverage decades of market experience shared openly.

Join Now