I think W & A like to do acquisitions and make a ton of money in the process. In the last year+ that we know about they've been involved with PIOE (ACPW), RCP, GSB and CRSS. In their financial circles I think they're probably the go-to guys for distressed assets. And they clearly know their way around and through companies with substantial NOLs. Ascolese seems to have had little trouble finding them. And now they have a vehicle (PIOE) to move such assets into. If I owned a failed drug company with tons of NOLs, they're the guys I would call. After this next earnings report I plan on rebuilding a significant position.
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