Green Oasis (GRNO)

[rkiefhaber]

Yes Paula, the Net Operating Loss carry forward is an asset of the shell and has value to offset federal taxes on future earnings. Key word here being earnings. To a profitable company the NOL's should be worth as much or more than the Balallan judgement. I believe the NOL's have a twenty year expiration period which should be more than adequate. Again, as I have stated numerious times before, Margotti would need the companies past tax returns and supporting documents to take advantage of these losses.
All my opinion as usual.