Thursday, August 19, 2021 8:41:40 AM
NOL = Net Operating Loss
There is a $11.5M NOL on the books which essentially gives the merging entity a $11.5M tax credit
From 06/30/2021 filing: (see page 20)
https://backend.otcmarkets.com/otcapi/company/financial-report/294231/content
Net Operating Loss (NOL)
https://investopedia.com/terms/n/netoperatingloss.asp
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