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Re: Gwinner post# 4

Thursday, 11/14/2013 11:33:42 PM

Thursday, November 14, 2013 11:33:42 PM

Post# of 264
REIT status unlikely.

Company had state net operating loss carry forwards of approximately $215.8 million. These net operating losses expire in years through fiscal 2031. The Company also had federal net operating loss carry forwards of approximately $173.6 million. These net operating losses will expire in years through fiscal 2031.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

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