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Re: wow_happens28 post# 143

Friday, 06/30/2023 12:45:18 PM

Friday, June 30, 2023 12:45:18 PM

Post# of 152
Those NOLs could be valuable to an acquiring company, but if RIBT isn't sold then the NOLs aren't especially relevant, unless if the newly configured RIBT is soon showing profits, and then the NOLs would have a more immediate value. But the fact that RIBT mentioned the NOLs prominently in the press release does suggest the NOLs have significant value.

On the other hand, if a company is touting it's NOLs as a key source of company value, that doesn't say much for the company. Who knows, but bottom line, RIBT is probably better left to investors who specialize in distressed securities. That's actually how Warren Buffett started out (via Ben Graham), but it requires experience, a deep background in accounting, etc. GL with it, but don't 'bet the farm' :o)



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