Posted On: 04/07/2014 12:54:41 PM
Post# of 36729
As mentioned yesterday in one of my posts, one of the motives for a given merger might be to utilize the cumulative losses of a merger partner for tax purposes.
AEGY has millions in cumulative losses to offer for that purpose.
AEGY 10-Q Filed 03/24/14 for the Period Ending 01/31/14: "Since inception, [AEGY] has incurred cumulative net losses of $10,247,626. Our activities have been attributed primarily to business development."
AEGY has millions in cumulative losses to offer for that purpose.
AEGY 10-Q Filed 03/24/14 for the Period Ending 01/31/14: "Since inception, [AEGY] has incurred cumulative net losses of $10,247,626. Our activities have been attributed primarily to business development."
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