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Alias Born | 02/20/2006 |
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Tuesday, April 30, 2024 7:26:22 AM
WDDD is prepared for a merger with a company in the gaming sector or related to cryptocurrencies that wants to clear $45 million, this is a mine... the question is if it is time, or do we still have a few months of accumulation left?
My goal is more than $4, I think it could even reach $3 if the merging company is interested in listing on the NASDAQ.
At December 31, 2023, the Company had federal and state net operating loss carry forwards of approximately $45,000,000 that expire in various years through the year 2042.
Due to net operating loss carry forwards and operating losses, there is no provision for current federal or state income taxes for the years ended December 31, 2023 and 2022.
Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amount used for federal and state income tax purposes.
The Company’s deferred tax asset at December 31, 2023 consists of net operating loss carry forwards calculated using federal and state effective tax rates equating to approximately $17,235,609 less a valuation allowance in the amount of approximately $17,235,609. Because of the Company’s lack of earnings history, the deferred tax asset has been fully offset by a valuation allowance. The valuation allowance increased by approximately $198,580 for the year ended December 31, 2022. The Company had net income in 2023.
At December 31, 2023, $WDDD had federal and state net operating loss carry forwards of approximately $45,000,000 that expire in various years through the year 2042. pic.twitter.com/zgDZwkhANz
— PennyStock.es (@PennyStock_es) April 16, 2024
![Bullish](/static/images/ih2-bull.png)
Recent WDDD News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/15/2024 08:47:52 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/15/2024 12:00:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/19/2023 09:30:21 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/11/2023 06:34:14 PM
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EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM