Replies to post #5708 on P10 Industries Inc. (PX)

[paideia]

Just went and looked up the email I got from Lee Higgins who was the IR guy at ACPW. Here's what he said:

Thank you for your note. As of December 31, 2015, Active Power had U.S. federal and state net operating loss carry-forwards of approximately $235.5 million and $277.3 million, respectively, and research and development credit carry-forwards of approximately $4.1 million, all of which can be utilized in certain circumstances to offset future U.S. taxable income.

These are creative guys. I'm guessing if there's a way to use those $277 million State NOLs, they'll find it and use them. $277MM is a LOT of money to simply "forget" about. These guys are, after all, in the NOL Business! Could that possibly be why these acquisitions are in separate parts?

[carbonfiltered]

Yes, but those are no longer necessary since they reincorporated In Delaware.