InvestorsHub Logo
Followers 0
Posts 4053
Boards Moderated 0
Alias Born 09/06/2011

Re: toogoodfella post# 81327

Tuesday, 11/13/2018 9:32:02 AM

Tuesday, November 13, 2018 9:32:02 AM

Post# of 110955
I am going to stop busting you up unless you want to continue. NOLs are assets. NOLs are treated a bit different from other assets because of title 11 and bk law intersecting with the IRS code and GAAP. That intersection ala gray area is why they are not counted as assets in most BKs. Creditors have issues with this and wants to bring it onto the books. The courts are considering it as we speak. In future bks, all NOLs might be booked. Who knows. Who cares. It wont effect us. So joyce is right. NOLs are assets. You dont understand that either? For your reputation sake, lets get off the topic and leave me be.