Replies to post #2731 on National Energy Services Inc. (fka NESV)

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There is no IRC that provides an NOL transfer from a food processor to a petro-chemical field service company.

If the issuer decides to acquire a food processor and apply it before it expires in 2027 it can be used.

Until then, it cannot be addressed by the company. Which is why Ms. Keeton did not permit them to carry it on the balance sheet, and the company addressed specifically that it feels that the deferred tax asset will never be realized.

Therefore, I think your deflection from the tax classification of the merger to an NOL that cannot be materialized is false hope.