Ann: Continuation of Voluntary Suspension, page-64

Hi pickmeAmonkey, I have had 2 accountants confirm a accumulated capital loss can be used in many cases when a full takeover is made by paying cash but not by issuing payment in shares by the buying Company.If you buy a company you can structure the sale to include many things if you have good Accountants.You also gain the debt owed which is nil in GWR's case. I gained my capital loss in SEI a terrible managed company that will let their lithium brine project in Chile keep bleeding them dry of cash until they cut it loose.Your management are not smart enough to cut this failed project loose.I have kept away from the SEI thread if you keep baiting me I will respond on the SEI thread. CHEERS