I believe a profitable business (what other kind of business can take advantage of these tax assets?) can and will merge with CBi.. there you have it, we disagree but no problem:)
True, however if we believe in an existence of Mr. Big he would work it so equity would be preserved. Also, a merger could be part of any new POR and the parent company could then use the NOLS. Your comments are true for most BK cases. We think this is the exception to the rule.