GREY:BIXZF - Post by User
Post by
dant2on Aug 03, 2013 1:40am
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Post# 21648048
accounting question
accounting question
Since BXI MCap is now sub 3M and cumulative losses must be well above 130M, then aquisitor tax offset must be worth what?? CAN tax rate is ~28% (notwithstanding CRA acq rules) .. so napkin 10X of current .01pps, plus whatever value could be assigned to the two patent segments.
What am I missing? Any CA's out there who know the 'true value' for selling corp tax losses? Ernst & Young Orenda is doing the search so I'm sure they cannot comment.
PS> Yes I do believe that had this fiasco occurred in the US CC would be paddling hard and long to avoid JT. Complacent Canadians ugh..