Sunday, January 16, 2022 1:01:52 PM
The company buying back there tax credits at a discount is a positive action pending wether they have the funds or future revenue to pay out there corporate tax position derived from the purchases of past goods and services. An equity debt holder will on occasion except the tax credits in collateral payment if they are confident that it can be paid. Again they will be restricted from purchasing in the common share market place if they were granted access too either the common share holders financials or the equity holders financials.
Can’t say for sure what is taking effect here . It is truly a roll of the dice looking back on information that was available when the company had little revenue to carry the tax credit burden on the company.
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