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Western Wind Energy Corp V.WND



TSXV:WND - Post by User

Post by agrossfarmon Nov 28, 2012 3:26pm
227 Views
Post# 20656558

NOL carryforwards, not tax credits

NOL carryforwards, not tax credits

I checked.

There are no tax credits. All the articles are wrong.

The $300 million is a net operating loss caused by depreciation that has not been deducted from earnings. It will be available to a buyer who has US income to shelter and can be deducted all at once or a little at a time. 

This is worth about 60 cents in value for each share or WND, so it is significant.

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