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Re: rocketeer357 post# 40

Sunday, 05/16/2010 11:45:37 AM

Sunday, May 16, 2010 11:45:37 AM

Post# of 162
G'Day. Sorry mate but you couldn't be more wrong. The NOL's are still there and intact. Obviously you have not even bothered to read their filings. If you had you would know that they spell it out very clearly, even go as far as amending their certificate of incorporation in order to assure the preservation of the tax loss carryforwards:

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=2525490

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=3121797

Mark Schwarz bought this shell back in May of 2003 for $325,000 for a very good reason and he still owns it. So I'm really not sure what rubbish you are talking about when you ask why other companies didn't buy this shell?
Please do a little more research before you start leveling charges like tax loss implausibility and why hasn't someone else bought this shell.
The shell is bought. Now it's just a matter of which mega profit making entity he chooses to put into it. The clue is in the new name of the company, NCM.

zen





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