Okay so let’s say there is no cash left. Still undervalued shell, correct? $150 million NOL - can’t remember what that equates to in other transactions but let’s just use a 21% corporate tax rate that would be $31.5 million. Now you wouldn’t expect to get all of that but if you got only 25% in an RM then that alone is 3-4 times current price. That doesn’t account for getting a clean shell or any other items such as possibility of cash left.
Always open to other thoughts and love to hear some others opinions. So what are your thought on it Paullee?
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