Some people here, though not all, seem to think that because the...

Some people here, though not all, seem to think that because the corporate entity has tax losses it could be bought (and those tax losses could be used) by anyone who wants them.

Anyone who does think that would be mistaken.

To utilise tax losses there needs to be continuity of business or continuity of ownership. Anyone buying the entity will of course not be able to prove continuity of ownership. Continuity of business would also not be provable by all but a couple of buyers. Unless someone who COULD demonstrate continuity of business were to acquire NUH, the tax losses are worthless.