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Re: ilenes post# 123

Wednesday, 05/25/2011 1:17:11 PM

Wednesday, May 25, 2011 1:17:11 PM

Post# of 462
Thank you for your knowledgeable input.

So if I understand correct, the tax loss carry overs remain with the shell even after dissolvment? So if another entity buys the shell it can use and take advantage of these writeoffs if they bring a profitable business into the shell?

Also, it is my understanding that existing shares along with those that own them remain until another entity buys the shell, is that correct?

If this is all true, what in your opinion might the range of worth be for this shell..and if it is sold, would these monies go to secured creditors or distributedf to shareholders of the shell?

I only have time to read and post once or twice a day, but I do appreciate your responses and hope you don't mind asking your opinion from time to time, as you do seem to know what you are talking about.

thanks

There are two ways to be fooled. One is to believe what isn't true; the other is to refuse to believe what is true. **Soren kierkegaard

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