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Re: hang ten post# 9234

Tuesday, 03/08/2011 4:46:03 PM

Tuesday, March 08, 2011 4:46:03 PM

Post# of 15495
CORSQ - On Topic - NOL's can be preserved while still wiping out common.

Corus has no ongoing business to realize value of NOL's, in contrast to Signature which did. NOL's are worthless without profits.

No, a profitable business cannot merge with new corus after a reorg.
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