Replies to post #344267 on Avid Bioservices Inc (CDMO)

[djohn]

I may be wrong but I understand that use of NOL tax credits are limited if the main propose of the acquisition is to avoid taxes.
IRS SEC. 269: ACQUISITIONS TO EVADE OR AVOID TAX

Carry is time limited but a large suitor with a large profitable operation could use the credits before they expire.

I'm not a CPA and have paid way too much in taxes in my life time so could be wrong:-)

[Protector]

swg_trd, I know its with 14 days delay that I read this msg but I am tremendously busy for the moment. So building a model is not on my agenda for the moment :)