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Alias Born | 09/03/2016 |
Tuesday, April 16, 2019 11:19:06 PM
W/ the $49 million NOL carrying forward, there is a legitimate reason for an existing revenue generating company to merge in here. That is a huge catalyst and makes this play very, very rare on the OTC.
Most R/M’s take place where the merging company needs to go public to raise capital by diluting (to be clear, that could still happen here), however, again, this NOL makes this a very unique situation.
It is now very easy to envision how the merging company would be enticed to merge here simply for the tax break. If this happens, millionaires will be made on this stock.
GLTA
CC3
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