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Moderator
Join Date: Jun 2001
Location: Geyserville, CA
Posts: 6,921
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Unless it has an NOL carryforward, no.
Most shell companies posted for sale are typically a) small cap public to be acquired through a reverse merger to enable the larger, profitable company to be immediately traded and hence have a market for its shares (liquidity) or b) have a large NOL; or c) both.
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Don Plumley
M235i
memories: 87 911, 96 993, 13 Cayenne
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