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db7

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Alias Born 09/02/2003

db7

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Re: levelnever post# 58

Friday, 05/10/2013 10:04:47 AM

Friday, May 10, 2013 10:04:47 AM

Post# of 1160
I've been thinking that they'd move fast in order to utilize the NOLs that mostly expire in 2013...

As I've been scouring through all the filings looking for bird seed.. I see this:

"
As of March 31, 2013, the Company’s principal assets consisted of cash and cash equivalents of $321,507 and a capital loss carry forward of about $4.4 million which it expects will substantially expire in 2013. The ability to utilize this carry forward is dependent on the Company’s ability to generate a capital gain prior to its expiration, which is unlikely at this time.
"


So...... is that merely a cover your butt type statement.... or do they really not believe they will enter in to a rm in 2013.... or maybe they will but will be a non-profitable operation (?)

just thinking out loud


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