Replies to post #6918 on Windstream Holdings Inc. (fka WINMQ)

[linda1]

Windstream has filed an Application to retain the
Tax Consultants - KPMG.


On PG 25 of 89 there is a Letter from KPMG to
Windstream outlining its services which includes
analyzing the impact of any Cancellation of Debt
(COD) on WIN’s Tax Attributes - such as the NOLs.


It is my understanding that CODs are considered
to be Income, and if applied against the NOLs it is
a $ Dollar for $ Dollar reduction.


Plus the impact of any “ ownership change “ on the
NOLs. This will happen only if WIN issues additional or
new Common Stock.


http://www.kccllc.net/windstream/document/1922312190524000000000016