TheGlobe.com Inc (TGLO)

[Xl175]

The change of ownership with regards to the NOLs does not concern me, I was able to follow those rules and filings to the conclusion that the NOLs are fine with the past ownership changes. It’s the actual value of the NOLs that I am unable to pin point. And they appear to be expiring, I just can’t see how they can be used prior to expiration. From Tglo 10K filing, as of 12/31/16 NOL value was $136M and they expire through 2036. The issue is: the vast majority of these NOLs appear to have been generated early in the company’s history. Early as in they are expiring. Loopholes?