RE:RE:RE:RE:RE:RE:RE:Shares A co. can't not just sell off its tax loss carryforwards. It has to be done through a merger with a profitable co. VCAN mgmt are idiots.
"As at February 29, 2020, the Company had approximately $16,290,000 of US non-capital losses. The US non-capital loss carry forwards expire in 2040. The Canadian non-capital loss carry forwards of $5,157,000 expire between 2034 and 2040."
'quote=TheProphetElijah]Hopefully they can get analyst coverage the way PLTH has. Makes a big difference.
As for the VCAN $16 million tax loss, can a profitable company buy it for say $5 mill then use it at year end? Simple math would say it would boost their bottom line, no?
Not sure how it all works.[/quote]