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Microcap & Penny Stocks : RMIL - The Swaysayers
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To: lavalamp who wrote (15)10/30/1997 5:00:00 PM
From: Joe Master  Read Replies (1) of 95
 
Lavalamp you are wrong on the tax consequences of this move. There was no change in control. The OVIS shareholders now control RMIL and thus any tax loss carryforward is still intact. BTW any tax loss carryforward is only good if there is a profit to offset.

Joe
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