Replies to post #134597 on Tautachrome Inc (TTCM)

[jpinvest14]

20 years is the life of the net operating loss carryforwards. Having a DTA of zero implies that management does not believe that those NOL carryforwards will be used. That means that they do not believe that TTCM will have taxable income in the next 20 years. This isn't my opinion. This is how GAAP works.