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Re: Dennis48 post# 5705

Thursday, 11/14/2013 7:37:31 PM

Thursday, November 14, 2013 7:37:31 PM

Post# of 27076
The $85 Million number is the federal tax loss carry over ( accumulated deficit ). It is not debt but an asset as when they turn profitable , the loss goes against profits for tax purposes.

Also did you all see the cash on hand at end of 3rd quarter of $975,000 verses $8,800 the prior period?

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