Although, the company does owe the current CEO $250k... so there is that.
What Is a Loss Carryforward?
A loss carryforward refers to an accounting technique that applies the current year's net operating loss (NOL) to future years' net income to reduce tax liability.
https://www.investopedia.com/terms/l/losscarryforward.asp
https://www.otcmarkets.com/otcapi/company/financial-report/303238/content
My posts are my opinion and nothing more. You should always do your own DD and do not buy any stock or anything else simply based on what I say.
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