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Microcap & Penny Stocks : RMIL - The Swaysayers -- Ignore unavailable to you. Want to Upgrade?


To: Joe Master who wrote (65)10/31/1997 10:55:00 AM
From: lavalamp  Respond to of 95
 
i find the morning activity very interesting. it appears many buyers believe the squeeze is happening.

are you stating that the full nol will be able to be used with the only limitation being taxable income (after the merger with Rocky Mountain). yes or no. you really do need to talk with your tax people..look at sec 382 regarding what i am referring to.

if you knew the tax law had changed with respect to the terminal shorts ,why did you tell Skeet that the change in the tax law was with respect to another change in the tax law? i refer you to your post 5671.( i also liked post 5652) ;)



To: Joe Master who wrote (65)10/31/1997 12:17:00 PM
From: lavalamp  Read Replies (1) | Respond to of 95
 
Joe,

I refer you back to post 15 on this thread about the issue of change of ownership and NOL. You really are going to have a limitation. I am not wrong about this and if you put a value on the nol you should listen to your tax people. give all the facts to your tax partner attorney and there will not be a question that the nol will be impacted when the Rocky Mountain shareholders receive the stock in RMIL. Last time you cleverly changed terms to change of control and I incorrectly followed the term after you introduced it in the message. I know we were discussing change of ownership for tax purposes and I assume you know we were discussing change of ownership for tax purposed.