Replies to post #4893 on Biokey International Inc (BKYI)

[SeanBoy]

I have run these numbers by some very sophisticated tax accountants that work for two of the three largest accounting firms in the country and they both agree that my theory is quite valid.

I hope that you don't these guys do your taxes! You might ask them if they've ever heard of Section 382 limitations?

[savin4college]

Hey - Jon Q - the NOL is very valuable $54.3M at year end 2016, with a potential Federal benefit of up to $18.6M if fully optimized - so close to your $20M. BUT - NOL's can be eliminated via change of control - so that undermines the value to a potential buyer.