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re: EXXI - hitting new lows everyday

Posted on 2/16/16 at 8:27 am to
Posted by LSURussian
Member since Feb 2005
127216 posts
Posted on 2/16/16 at 8:27 am to
quote:

Anyone tell me what this means?
Damn good question. I've never heard of "preserving future rights to carry forward net operating losses."

And it seems to be tied to any material change in ownership control.

Could it be some way for current shareholders to salvage some financial benefit if there's a bankruptcy declaration?
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