RE:RE:RE:RE:RE:Buy out ComingHey Max,
that's not true about using your tax losses in year 1, they carry over indefinitely but there are provisions for there uses. The CRA is definitely involved in how they are used and regulate specifics. Cipher is entitled to sell them as part of a sale but I think it would be in everyone's best interest that they are sold with something that incurred a capital gain to off set the loss in reporting. Still the NOLs are definitely worth 20-30 million in future capital gains from my vantage point.