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Re: irishintelligence post# 11625

Monday, 05/16/2011 7:47:53 PM

Monday, May 16, 2011 7:47:53 PM

Post# of 15495
I think the thing is there are plenty of eg's of how commons are cancelled and the NOls live on.. Just means to me that the creditors got their way, again. So for me what should make the difference is that the existing shareholders need to step up.. Bring something to the table---capital infusion for example.

If the Debtor wins the refunds; counts the bank account; we know there are two loan participation investments.. a capital infusion will go a long way to making a difference towards shareholder equity..

If there is shareholder equity there is value to the Trups.. this is what Tric wants to be able to trade them..

I'm sure I've mentioned this before but the shareholders (mr big??) could then use the dry powder to get a business involved to utilize the Nol carryforwards...--just not sure how that would impact nols. I remember one poster last year brought up irc 269 that would quash the r/m for nols idea.

...idea respectfully submitted.. thoughts?

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