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TenKay

10/25/18 9:27 PM

#49971 RE: broken_clock #49968

"Why are there 2 LCY Biotechnologies?"

Where or what are you referring to?
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fireballka7

10/25/18 10:03 PM

#49982 RE: broken_clock #49968

Ill tell you why.... you create 2 entities, 1 main, 1 sub. you buy all the assets in the Sub and R/M the Main into the shell you just bought. The NOL's are attached to the Main company and the assets are to the Sub company. Then you can spin off the Sub that owns the assets free and clear and keep the NOL's in the Main to live on.

Brilliant......

R/M. I will hold onto my shares, I don't want to fight tomorrow, the price will be terrible for them.....

I think daddy will get trips tomorrow though.....