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hesontheloose

08/01/17 5:03 PM

#14050 RE: Szycha #14048

I see your point, but he can reactivate the corporation. However, it makes no sense for him to actually go through with the dissolution if he were planning to RM a private company. Just creating more busy work for himself. This looks like it could be troubling.
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bignastydude

08/01/17 5:27 PM

#14058 RE: Szycha #14048

The entity remaining is the clean shell....you already agreed to that fact..
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QE123

08/01/17 5:50 PM

#14065 RE: Szycha #14048

Revue inc. is dissolved. Revue Holdings, Inc is not. It is an empty shell holding nothing and can aquire additional holdings through RM or purchase, and can still claim the 15mil NOL of Revue Inc because it was a wholly owned subsidiary that was dissolved and not sold. If it were sold, the NOL transfers to the buyer, unless contractual agreement leaves it with the seller or otherwise compensates the seller with a cash value of the NOL. Very similar to property tax agreements on mortgages...
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$hellKing

08/01/17 9:07 PM

#14114 RE: Szycha #14048

I used to think that too. But I heard from a knowledgeable person that its actually the correct way to do a merger. You dissolve the corp then reincorporate it.


I had one stock do just that. SODE was on NV SOS 2016. It dissolved. Then started up on CO SOS with a merger right after.


Though most of the time dissolution mean by by and co is going dark or going to be deleted by Finra sooner or later. But if they had a RM in mind the dissolution would be the correct route to go. And going to a different SOS would be a good indicator that something may be around the corner.