Sometimes when a company says it intends to cancel all shares, they mean it, NOLs not withstanding.
I still find it curious that when DEST transferred all their material assets to Marquee, they did not include their NOLs. That's originally what piqued my interest in this ticker and still does to this date.
I can only surmise that Marquee Brands never intended to become a public company. For that is the only reason why they might have been able to use the NOLs from DEST.
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