Replies to post #4092 on Dror Ortho Design Inc (DROR)

[OMOLIVES]

They can ...it's just that in a change of control(merger/reverse merger) the new entity must be in .."essentially".. the same business. An example being a coal mining company acquiring another coal mining company.

The NOLS will always be able to be utilized with the existing company(non change of control/merger) providing revenues.....and when said company starts making some nice txable profit(positive)..those NOLS can be utilized. They have to start using them now...as well..:

Federal net operating losses generated prior to January 1, 2018, amounting to $33.5 million, and may be offset against future taxable income, subject to limitation under IRC Section 382, which begin to expire in 2022 if not utilized prior to that date,

So.....yes..they do. :)