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  • starcutspin starcutspin Dec 22, 2011 4:14 PM Flag

    EC Needs to Clarify NOLs Value

    "This makes the NOLs virtually worthless" to newco and the shareholders. But not worthless if newco can identify a growing and profitable company that would be interested in a reverse merger that would give them the benefit of the NOLs
    (pretty much in any business) and if you are looking at a foreign based company, a US listing to boot! It is all about finding the right target company.