So why not take the NOL's he got rid of most of the debt took all the money making assets. so the NOL's would nulify the some/most tax liabilites of profit making business? also in order to do that he must take the current share structure with him to transform hold co. this would solve a couple issues first the NOL's and then not pissing all over the instatutional investors that currently hold stock possitions and then not having to deal with all of the compilcations of an IPO with keeping stock structure intact. He would also put his shares in position to regain the value he lost with the BK or does that not make sense? because it sure looks like he is setting it up like that in so many ways. including using the same lawfirm that has pulled the same play before.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.