A few notes....before more opinions are formed here....PAI should be weighing in this week on why they bought over 700k shares near $1.00. Also, GEER.pk is owned by the former Geerlings. The bk is not in the shell, with that said, the private company assuredly has NOL's and if they want to apply them to the public shell that they own to raise the value of the shell so they can sell it, that is simply a prudent move.
As noted, the NOL's could be up to $6M, giving an asset value of up to $2M.
Lets see what PAI has to say first....