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db7

05/10/13 10:04 AM

#59 RE: levelnever #58

I've been thinking that they'd move fast in order to utilize the NOLs that mostly expire in 2013...

As I've been scouring through all the filings looking for bird seed.. I see this:

"
As of March 31, 2013, the Company’s principal assets consisted of cash and cash equivalents of $321,507 and a capital loss carry forward of about $4.4 million which it expects will substantially expire in 2013. The ability to utilize this carry forward is dependent on the Company’s ability to generate a capital gain prior to its expiration, which is unlikely at this time.
"


So...... is that merely a cover your butt type statement.... or do they really not believe they will enter in to a rm in 2013.... or maybe they will but will be a non-profitable operation (?)

just thinking out loud

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db7

06/04/13 9:05 AM

#62 RE: levelnever #58