Liquidmetal Technologies Inc (LQMT)

[chipboarder]

Googled “Tax Loss Carry Forward” and quick look says that business tax losses before 2017 can be carried forward to offset positive income for 20 years from when they were generated. They can be used to offset upto 80% of income in the future years.

We have $250 million in loss less than 20 years old....the current corporate tax rate is 20% (I think) and if the Democrats are elected, it will go to 38% so these carry forward credits are worth 20-38% of $250 million in the proper situation. Looks like $50-$100 million.

Any tax experts out there?