News Focus
News Focus
Followers 514
Posts 28250
Boards Moderated 2
Alias Born 01/22/2001

Re: kayakzz post# 50676

Tuesday, 12/17/2013 1:31:30 PM

Tuesday, December 17, 2013 1:31:30 PM

Post# of 74540
To better explain... Any "operating" expenses are basically expenses... or negatives on a balance sheet.

However, you've already heard the term NOL used; or, Net Operating Loss. This is something that is used to offset taxes against revenue or income coming in. The more expense one can garner, the less taxes they pay over the long haul.

Legal fees, become an expense. Thus, once the merger occurs, it becomes a write off against revenues, which HAWK has.

Mele Kalikimaka
(Merry Christmas)

Dragon52

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today