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Re: SwissCheeseAccount post# 96205

Thursday, 10/28/2021 10:20:28 AM

Thursday, October 28, 2021 10:20:28 AM

Post# of 111057
Nols show up on the balance sheet if it appears a company is projected to have income to use them.

Solyndra's NOLs went to the investors.

LBHI "plan" is to liquidate. A plan to liquidate is in the modified plan. There is no plan to reorganize. It has to be in the plan to be so. The trustees have their orders. None of which say anything about reorganization. Even if the assets sold covered all debt with funds left over for equity the trustees would still be charged with liquidating the estate for the benefit of the shareholders just like where LBIE is now.

Joe Stocks