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trader guy

05/24/11 10:05 PM

#125 RE: ilenes #123

Thanks, that's what I thought you were referring to, but there are so many terms saying the same thing, I wasn't sure.
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kruy

05/25/11 1:17 PM

#127 RE: ilenes #123

Thank you for your knowledgeable input.

So if I understand correct, the tax loss carry overs remain with the shell even after dissolvment? So if another entity buys the shell it can use and take advantage of these writeoffs if they bring a profitable business into the shell?

Also, it is my understanding that existing shares along with those that own them remain until another entity buys the shell, is that correct?

If this is all true, what in your opinion might the range of worth be for this shell..and if it is sold, would these monies go to secured creditors or distributedf to shareholders of the shell?

I only have time to read and post once or twice a day, but I do appreciate your responses and hope you don't mind asking your opinion from time to time, as you do seem to know what you are talking about.

thanks