WorldSpace Inc fka WRSPQ

[NY73]

BTOhio...good link. Liberty does get the benefit of Sirius XM NOLs by having such a large stake (40%) in the company. That's why they can't have a larger stake, to avoid having change in ownership which would kill the NOLs (per the article from your link). With the NOLs, SIRI is more valuable as it cleans up its balance sheet and becomes profitable, with those NOLs kicking in to cut taxes. This benefits all the stakeholders in SIRI, especially Liberty. So, the NOL situtation at SIRI is not related to the potential NOL situation at WRSPQ. Your comments about international experience within WRSPQ and its value makes sense, however, a liquidated WRSPQ doesn't preclude Liberty from hiring that expertise under a different company. And, if there were patents involved, owned by WRSPQ, they are assets which would be owned by Liberty as part of liquidation. This is strictly about what is the best financial move for Malone, and IMHO, it's now ONLY about the NOLs (since India operation was abruptly shut down). Are they worth preserving? What's the least expensive way forward for Liberty? Remember, they get the assets one way or the other, so, their value is not part of the equation. Actually, by keeping WRSPQ, Liberty would technically be sharing the value of the assets with common shareholders. Does NOL value offset that? Perhaps. I sure hope so!