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BoogieBNoodle

01/07/12 10:34 AM

#6344 RE: plmcc #6341

There are 78 million in tax NOLS (net operating losses) associated with the HOLDER of this shell. I find it very hard to believe that PIVOTAL and the Holding company of CGSYQ remaining assets, are going not going to take advantage of 78 million in write offs.

All the Best,

Boogie

eevw

01/08/12 2:02 PM

#6346 RE: plmcc #6341

De-register shares, using a Form 15, isn't a bad thing. Just means
The company doesn't have to report anymore. Deregistration of shares
Doesn't mean share cancellation. Also $78 mill in NOL at 30% tax rate
= $23 mill in "cash" to the former owner (Pivotal)


rhythmguitar

02/18/12 2:55 PM

#6371 RE: plmcc #6341

Hey plmcc
Is this one dead yet? Or do we think it's a ticking time bomb?