let me inject a little fact here, for the record jajajajajajaja
no disrepect to you, arnie...i am sure you are telling it how it
happened...BUT heh heh heh
a corporation with losses is a sought after entity...in fact, i
know a couple people that deal in just that commodity...they get
paid big bucks when they bring 2 companies together, too !
now, the tax rules are not as liberal as they once were, but a
profit company that wants to buy a loss company does so for
clearly obvious tax reasons, and maybe some business plan, to boot!
to clean up the math from YOUR post---a loss carryforward can save
as much as 50% to the acquiring company...therefore, the vaule of
that company in REAL CASH (tax savings), approaches 50% !!
NO ONE is spending a buck to save 50cents here, as in tax shelters
you suggest...they were the rage of the 80's, but this is something
completely different...of course, we want OUR company to succeed
on their merits, not a tax write-off for some other company
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