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To: Martin E. Frankel who wrote (10121)11/19/1998 1:15:00 PM
From: David A. Irvine  Read Replies (1) | Respond to of 44908
 
Hello Martin, Joe, and others,
We have a VERY, VERY attractive company to merge with, IMO. We have SUBSTANTIAL loses from prior years to offset gains from future years. We could "hide" from taxation approximately $30 million of some company's profits. *If* we every get to NASDAQ, we then are a candidate for a reverse merger with a private company (or a public company on a "lower" exchange). If the situation were right, this could be a nice surprise.

Yes, this is a little bit of a stretch right now - lets work on generating sales at the moment - but it is nice to dream. Any comments?

-Dave