RE:Some news
OK. I am going to need some help on this one. I actually was going to take a spin on this at .005 when I saw the volume--and add to my previous folly at a much higher price (from the standpoint of percentages). But I am wondering why they would do this. The dilution at this price is almost funny. But to buy tax loss, this company? I will withhold my laughter thinking there must be something I am missing. Don't you have to have a profit to benefit from tax loss? And is not there a huge pool of that already available to this company, because of a lack of a pool of oil? Maybe they are consolidating companies with tax loss to offer for sale to a company that needs it. Just trying to understand. I wish them well as it only helps me if they increase shareholder value.