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ScrewThisStock

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ScrewThisStock

Re: None

Tuesday, 05/31/2011 8:18:33 PM

Tuesday, May 31, 2011 8:18:33 PM

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Don't count on the tax shelter of 20 million to be worth anything, actually. When you reverse merge, legislation alone has killed this scheme. If the new merge has the private company owning 80-95% of the company, then the tax shelter is reduced by that much as well.
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