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MTLTrader

05/21/19 9:56 PM

#87886 RE: TenKay #87863

LOL you do not even know how it works !!!
the ownership rule is when over a certain period the ownership for 5%+ shareholders changes by more than 50%, for example if 1 person owns 20% of VYST, the rule would apply only if it goes to 70% or more! So we are far from it. The rule is to avoid completely selling shells for the NOLs, but in our case it is not a shell and the acquired company belongs to the same people.
Let s review the situation here: according to the latest form 4s, Keith Osborn was the only shareholder I could find who was a 5%+ shareholder with 40 mil shares (Steven Rotman has 36 mil and was not indicated as a 5% shareholder). So the rule would apply only if Osborn gets to 55% ownership (impossible) or all the other shareholders ratio decreases from 95% to 45% or less, which could happen only if OS grows to 1.95 billion and all the additional shares are given to owners who will all own 5%+ (otherwise they are accounted with the non 5% owners).
It could be possible with any other otc stock, but the beauty here is that the same people are invested in both VYST and Rotmans, so the Rotmans can do the acquisition however they like, and for sure they want to avoid diluting more because it would be like shooting themselves in the foot.
So NOL is definitely a huge asset for a profitable company like Rotmans.

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uglypug

05/22/19 5:57 AM

#87902 RE: TenKay #87863

Now you're just guessing, you can't possibly know that will happen. You're entitled to your opinion but state it as such.