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Bizreader

05/31/09 2:13 PM

#74548 RE: rockie101 #74545

Rockie, That's the way I see it too.

It's a carry forward credit. If a company is definitely going to be making a profit, then it is similar to cash in hand.

However, if a company is not making much then the value of the NOLs is reduced.

I may have just answered my own question; an offset to the NOLs is the purchasing company's income projections.