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Thursday, June 06, 2019 2:28:13 AM
The only thing ARJ has invested in publicly (that I can find) is Vrus.
Except it did buy the Mount Tam Delaware corp last October for $410k.
This empty shell’s only value is $4.5m in NOLs and tax credits, which only have value when applied to profits and usually have to be spread over a certain number of years. So:
ARJ buys Mount Tam Delaware in Oct 2018.
ARJ announces investment in Vrus in Feb 2019...
Interesting.
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