"NOL's are of no value unless you have income to offset." This I knew.
"GRNO has had operating losses of well over $10M since it's inception." This I didn't. It doesn't comport with any documents that I've seen. Can you provide any support for it? I am a little bit of an accountant and have performed some simple research on the subject.
"This would have been negotiated when they acquired the shell from Carraway." What would? Are you saying that Carraway could have sold his shares in a public company but kept its tax loss carry-forward for himself?
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