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SC777

12/30/20 1:59 PM

#2174 RE: freddie me #2173

I've thought anywhere from the $2-5 range, given that the OS is only 19M, so that would put the enterprise value at around $40-90M which is a fraction of the NOLs.

It's all a guess because you don't know what type of business the new investors will run with this shell - but they have hundreds of millions of tax losses to use to offset future gains.