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Microcap & Penny Stocks : HDST Headstrong Group Inc
HDST 0.00Dec 20 4:00 PM EST

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To: Awiseone who wrote (300)6/18/1998 1:16:00 AM
From: TraderGreg  Read Replies (1) of 389
 
Don't understand your question. The tax benefits from tax loss carryforwards? Those are tax benefits that accrue to the corporation and they carry forward always. That's what makes shells so attractive. In addition to usually being clean(few assets/liabilities/lawsuits,etc), they offer a tax loss accrued over the years. Private companies that don't want to go through the hassle of going public can get "acquired" by these shells and for modest dilution(to the poor schmedlaps left in the shell) can become a public company with a nice cushion of prior tax losses. If the shelll is also a reporting company, so much the better.

Now if you were talking about Individuals' tax benefits, that depends on the price they paid for the stock vs the price they sold the stock.

TG
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