Clarocity Corp CLRYF

Clarocity Corp is a California based firm. The company is engaged in the development of real estate valuation software product and related technological products. Its products and services are MarketValue Pro Appraisal, Traditional Appraisal, AQC Appraisal Review, BPOPro, ANMPro and BPOMerge. The company also provides alternative valuation and appraisal fulfillment services. Most of its revenue is earned through the United States market.

GREY:CLRYF - Post by User

Clarocity Corp > From what I understand, this is what happened

<< Previous

Bullboard Posts

Next >>

Comment by Shonv320000000on Jan 21, 2019 1:03am

143 Views

Post# 29258212

RE:RE:From what I understand, this is what happened

lscfa wrote: The CLY shell co. wou also retain the $84 million tax loss carry forward asset which would be of value to an acquiring co. that is profitable or soon to be profitable like a weed co.

Kamooz wrote: If I'm wrong please correct me...

Apparently they reassigned the assets and debt, look at the news subsequent to financials. iLookabout took all the debt on and the assets. CLY gets some ILA shares in return. All but 3 million of those shares were given to the other debt holder. So there is no debt left, no assets other thanILA shares and A/R balance and a shell listing hoping for a new business.

How come tax loss works hete

<< Previous

Bullboard Posts

Next >>

Changing Europe’s dependency on HREE from China