also....... on the topic of the accumulated losses transferring over to the new parent company..... suggest if you were the CEO of a publicly traded company and had $92.5M in accumulated losses, wouldn't you create the business condition to ensure 100% would carry forward?.... I'd go to Georgia Tech and create an upstart company in a similar sector (does not have to be identical) and fund a development project ..... how about that.... create a small private company funding research in an approved upon business sector in order to carry forward to the new parent company.... because once you qualify for the carry over, you can apply to your bottom line... not just the new upstart research company..... now go away and stop posting on this topic..... because for every one of you, there are countless professional lawyers who know how to legally work around this issue.... i.e... go review the subsequent case studies and rulings on the topic that allow exceptions.