Xenonics Holdings Inc (CE) (XNNHQ) Cotización

Accumulated deficit 31,419,000

pag 2 : https://www.otcmarkets.com/filing/html?id=10873564&guid=4BL-kF8sfH7qJth

If I understand correctly, tax losses can be compensated in 20 or 30 years, in this case XHHNQ would have GREAT VALUE ??

Does anyone remember XHHNQ? It is a company listed on Expert Market, in the past it was a war-related company, do you think it could be reactivated and merged with a company in the sector, could it offset past tax losses?


Xenonics Files Chapter 7 Bankruptcy
March 11, 2016 12:41 PM Eastern Standard Time
CARLSBAD, Calif.--(BUSINESS WIRE)--After 19 years of providing high-intensity illumination and night vision systems to the U.S. military and law enforcement, Xenonics Holdings, Inc. (OTCQB: XNNH) announced today that it has filed a petition for Chapter 7 Bankruptcy.

Xenonics was severely impacted by the reductions in the U.S. Defense budget and by delays in obtaining highly anticipated and significant international purchase orders. For the last seven months the Company’s officers worked diligently without compensation to obtain purchase orders while barely being able to maintain minimal operations. Without these purchase orders, the Company does not have enough working capital to continue operations.

However, Xenonics’ officers and directors are pleased that the Company’s products saved many lives in Iraq and Afghanistan and made such a valuable contribution to the men and women serving our country. The testimonials the Company received were heartwarming.

Xenonics was a vital company in winning the war against IRAQ. Does anyone know if XNNHQ has accumulated tax losses to compensate? Would a merge with a military weapons company be possible ?

March 11, 2016 12:41 PM Eastern Standard Time
CARLSBAD, Calif.--(BUSINESS WIRE)--After 19 years of providing high-intensity illumination and night vision systems to the U.S. military and law enforcement, Xenonics Holdings, Inc. (OTCQB: XNNH) announced today that it has filed a petition for Chapter 7 Bankruptcy.

Xenonics was severely impacted by the reductions in the U.S. Defense budget and by delays in obtaining highly anticipated and significant international purchase orders. For the last seven months the Company’s officers worked diligently without compensation to obtain purchase orders while barely being able to maintain minimal operations. Without these purchase orders, the Company does not have enough working capital to continue operations.

However, Xenonics’ officers and directors are pleased that the Company’s products saved many lives in Iraq and Afghanistan and made such a valuable contribution to the men and women serving our country. The testimonials the Company received were heartwarming.

David Lazar took this over

No r m happened

Thought this would go much higher

Terrible what happened here

Got out at the right time

Thought this would go much higher

Interesting company, made off a while

Nothing to post about unless this comes alive

Shareholders post

Made off this a while back

Terrible what happened here

Made off this in time

0.000000000 terrible

LOL

I would love you this one to come back top life LC...........

Cricketssssssssss Churp-churp.

LC

Xnnhq

David Lazar why no r m

Nice share structure

Nice share structure

Shareholders post

David Lazar where are you

Okay, why?

Interesting company

Why never a company rolled in

Shareholders post

Made off this and never went up a lot

Interesting company

Yah think?

XNNHQ

Thats good to hear.

tlo.

Yes, long arduous process to get it out of expert, but one day this will rise... David is active...

XNNHQ

There never was a Chinese or any other candidate for this shell.
I thought he was saving this one for something special since the share structure is so good.
Hopefully it will get resurrected at some point allbeit it would be a very long arduous process
to get it out of expert and into pink, but with this SS you never know.

tlo.

The Chyneez know it's game over, these little shell schemes of David are done for.

Yikes! XNNHQ looks to d.o.a.

LC

XNNHQ

I have the hope and confidence that one day XNNHQ will wake up and update itself thanks to the great structure

I still have shares from when Lazar had this pink current in a hope drawer in the corner.

Not many shares outstanding

Shareholders post

Is this still trading

What happened here

Shareholders Post

0.0003 interesting

0.0003

Lazar, where have you been with this company

0.0003 lol can you still buy

Not many shares outstanding

Anyone call lazar and say this one is done

Had a mini run a while back

When bankrupt and shell taken over a few Pennies

0.0003