Replies to post #950 on Jesup and Lamont, Inc.(fka JLIC)

[rbd317]

maybe he'll think twice and realize the value of this... even it becomes a shell, it will still be attractive due to NOLCO.

If you read JLIC’s 10-Q filing for March 31, 2010, Note 18 discusses JLIC’s net operating loss carry forwards of $38.6m (estimated $0.89 per share on full recovery) which expire in years 2022 through 2030 which may be utilized if the company successfully comes out of chapter 11 and merge with Tri-Artisan Capital Partners or any company when it becomes a shell.