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Post# of 37346
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Scotttrader80

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Scotttrader80

Re: None

Friday, 02/01/2019 7:28:53 PM

Friday, February 01, 2019 7:28:53 PM

Post# of 37346
$$$15.00 per share?

See Docket No. 2312, page 16. Clearly states that Sears’ “significant tax attributes” remain with the Debtor and are not part of the sale to ESL. Clearly that is a reference to the NOLs. It is also clear that ESL is the logical entity to sell those NOLs to because the transaction can be characterized as a reissance of shares to current shareholders in exchange for the NOLs. The value of the NOLs in tax savings is on the order of $2B. Give ESL a 25% discount and you still get a per share value to existing shareholders of $15 per current share. That doesn’t include other assets remaining with the Debtor. Do your own DD. It’s clear the commons have to survive.



https://finance.yahoo.com/quote/SHLDQ/community?p=SHLDQ

The stock market is a device for transferring MONEY from the impatient to the patient......Warren Buffett

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