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Re: fsshon post# 119423

Tuesday, 11/10/2009 9:24:33 AM

Tuesday, November 10, 2009 9:24:33 AM

Post# of 730485
It is a FACT that WMI can indeed cancel common shares and still retain their NOL.

There is a common misconception and a falsehood that gets tossed around that companies somehow lose their NOLs if they issue new shares, but that is 100% incorrect.

Numbers don't lie, people do.

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