No, we are on the same page, I thought you said NOL's can be utilized on any sector, yes if it is energy they can't utilize the NOL's but if it is biotech they can utilize it. But also read the filings that they don't plan on using the NOL's on their last annual report, but also in discussion with acquisition targets but nothing has been determined yet. Also what makes you think this could be the acquisition target?
I am ancient too, very ancient since 1986, when I was buying stocks through Lehman Brothers and pay 700 dollars fees for just 1000 shares. Use to look at stock symbols in fractions in the LA Times. This is not my first rodeo.