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Post# of 729621
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Bizreader

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Bizreader

Re: rockie101 post# 74545

Sunday, 05/31/2009 2:13:16 PM

Sunday, May 31, 2009 2:13:16 PM

Post# of 729621
Rockie, That's the way I see it too.

It's a carry forward credit. If a company is definitely going to be making a profit, then it is similar to cash in hand.

However, if a company is not making much then the value of the NOLs is reduced.

I may have just answered my own question; an offset to the NOLs is the purchasing company's income projections.

http://www.sec.gov/complaint/selectconduct.shtml

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