Replies to post #13212 on RVUE Holdings Inc. (fka RVUE)

[xZx]

absolute false. google it. NOLS are always tied to the shell. every single time.

[RyGuy]

That is not true...

https://investmentbank.com/nol-shells/

The holders of the NOL shell can also recoup some of their losses in the shell by allowing a reverse merger to take place. It allows the original shell investors to not take a complete bath.

https://seekingalpha.com/article/2541945-the-importance-of-nol-shells

Rather than completely summarize the article, I would suggest a quick perusal of the link I’ve included above. It briefly outlines the methods for monetizing NOL shells as well as the various types and stages of a NOL shell corporation.

Make no mistake, NOLs are often in high demand and, depending on how clean/dirty the shell is, the prices can range greatly.

[Duke2484]

Wrong again! Google it, read and try again.

[Cheds]

Incorrect

[Szycha]

Technically ... I agree.. Practically... It costs probably about 500-750 bucks annualy to maintain the entity/shell open but dormant. (SOTS annual report fees and zero tax returns).
Why would anyone in their right mind walk away from this treasure chest of tax savings by dissolving it ...if there is a way to preserve it?

[scooter83]

That is correct Malc. The only way Rvue can preserve it's NOL is by merging with another company Before it is dissolved. Rvue should be dissolved within a week if the last pr was correct. Then it will fall into the category of zombie stock.

In addition since roche increased his ownership in 2016 he has severely limited any Nol benefits to a potential acquirer because of IRC 382...
https://www.law360.com/articles/720765/the-net-operating-loss-poison-pill-a-timely-prescription

"Section 382 of the Internal Revenue Code applies formulaic limitations on the ability of a company to utilize its NOLs in future years if it undergoes an “ownership change” (i.e., an ownership increase of 50 percentage points or more by 5 percent shareholders of the company during a three-year testing period). "