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Re: chipotlePickle post# 1624

Monday, 08/17/2009 8:04:51 AM

Monday, August 17, 2009 8:04:51 AM

Post# of 116863
the tax loss carry forward was gone once they did the reverse merger as per US tax code. Once there were hundreds of million post reverse spilt shares issued, it is considered a new company, and not entitled to transfer. If you could sell or transfer a tax loss carry, there would be tons of acquisisions of that asset, which of course , does not happen.

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