Univercell Holdings (UVCL)

[speckulater]

UVCL Tax Loss CarryForwards

Posted by: speckulater
In reply to: None
Date:1/26/2007 2:32:12 PM
Post #of 701

Tax Loss CarryForwards

I have not seen Tax Loss CarryForwards mentioned here. This is from UVCL April 2006 10K:

< No provision for income taxes has been recorded due to net operating loss carryforwards totaling approximately $1,569,000 that will be offset against future taxable income. Theses net operations loss carryforwards begin to expire in the year 2021." >

I am not a CPA but they could possibly have a cash value of:

$1,569,000 * .33 = $517,770



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