Replies to post #14913 on RVUE Holdings Inc. (fka RVUE)

[janice shell]

NOLs aren't a valuable as you may think. Check out posts by 1manband; he's had a lot to say about them.

[integral]

I have not followed this stock, but can you explain in which years did the company accrue the NOLs and what business was attributable to the NOLs.

Secondly, what type of biz is attempting to use the NOLs as they relate to the aforementioned.

TIA.

[1manband]

The NOL's are worthless.

First of all, they were permanently eliminated as soon as the company was dissolved and the stock cancelled. The entire discussion is now moot.

But even if the corporation was still in existence, the NOL's would still almost certainly be worthless.

Instead of going through the dry and detailed discussion of the tax code, as yourself this - there are hundreds, if not thousands, of failed penny stocks that have hundreds of millions, if not billions, of NOL's. But none of them ever get acquired by successful businesses for the those NOL's. Why? Because they can't be transferred.

You don't see the Proctor & Gamble's, Apple's, or any other large successful corporation buying up failed penny stocks for the billions in NOL's, do you? No, you don't.

The belief that any NOL's these penny stocks may have are valuable to anyone is a myth.