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Re: gophilipgo post# 355063

Wednesday, 01/04/2012 6:42:39 PM

Wednesday, January 04, 2012 6:42:39 PM

Post# of 734736
Although it depends on the business plan, it is quite possible for a properly run public company to burn less than $25 million a year.

But I hope you are right, and that business in the DS about $6bil in NOL's that might survive a change in ownership indicates to me that they are looking to find a way to merge or sell this company while preserving those NOL's.

And it is not as if there aren't a lot of contacts with interested parties; many hedge funds are getting into the lucrative reinsurance business for a reason: there is money to be made, and I would bet they would be very interested in those NOL's.

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