Novice Bob,
You are so right about that, carry over losses are worth more than gold. Its strange but talking to Jack Arnold, he seems to see this as a negative as do other investors, but to a profitable business, be it public or private, they will sometimes merge or buy a failing business just for the tax credits, I am not a tax guru, but do realize WOTD is looking a gift horse in the mouth.
Because it has all the tools they need to really get off on the right foot with what they are trying to do. Cash, capitol, tax credits, a public listing, mergers lined up, really everything in place... except a bunch of hostile stock holders, we have become their biggest obstical, and they know it...
Thats why I am 80% convinced they are going to come back and try to set things right with us, if not their game plan will fail and they are in this too deep to back out.
In other words they have no choice if they truly want to suceed. If it turns out to be something else, then there are other alternatives waiting on the sidelines.
KAA |
