Replies to post #85516 on Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

Re: Thanks, but what does it mean to be "non-transferable"?
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Been here for ten years but still can't connect the dots?

NOL is exclusively owned by the equity holders. It cannot change ownership or will loose it's value from the IRS. The reason for putting all equity shares in OBS is To stop the trading or selling and thus, transferring NOL to different
owners.

For you to comprehend it better, On your own personal income tax, no one can use your own tax write off... Only you can use it.