This business is a cash shell, currently trading for 93% of net cash value, and is working with a global private equity firm who has already invested a substantial sum of money to purchase a stake in the business, and is actively looking for acquisitions for it to utilise the billions of net operating loss (NOL) carry forwards that the company has…
Dotcom bust stock with net operating loss (NOL) carry forwards >10x current market cap, trading under net cash, seeking to acquire businesses
Partnered with global PE firm to find good acquisition targets
