Business
PDX Partners, Inc. To Utilize Substantial Loss Carry Forward To Benefit Shareholders
PDX Partners, Inc. To Utilize Substantial Loss Carry Forward To Benefit Shareholders.
About this update from Pdx Partners Inc
[{"type":"text","content":"\n\n PORTLAND, Ore., Nov. 28, 2017 (GLOBE NEWSWIRE) -- PDX Partners, Inc. (\"PDXP\") (OTC:PDXP), a telecom company, announces that the company will be utilizing its net loss carry forward of over eleven million dollars ($11,000,000) USD to substantially impact shareholder value for the company.\n “With a previous net operating losses in the millions in the telecom sector, we will have a very small tax bill the first eleven million dollars or so we make in the space,” said Patrick Johnson, CEO. “The more money we have in the bank at the end of the year the more valuable our stock will be which benefits everyone,” he said. In 2016 the New York Times published fragments of now President Donald Trump's 1995 state tax returns showing a $916 million tax loss -- a loss that he likely carried forward to wipe out most or all of his tax liability for years.  “I was able to use the tax laws in this country and my business acumen to dig out of the real estate mess,” Mr. Trump said on a campaign appearance in Colorado in 2016. “Few others were able to do what I did.” PDX Partners, Inc. was formed in 1997 and formerly called. My Social Income.  The company offered several valuable communication products and services that created Value Networks for its customers which were extended to large groups of members, sales affiliates or other interested parties. The value of the network was its furnishing of free, unlimited, in-network services to all network members; low-cost local and long distance calling; access to numbers outside the network for all members; high-value customer calling services to all members including voice messaging, email services, conferencing services, fax via email, automated attendant and advanced call processing to all members. The company has recently entered into the iOS app market with plans to roll out new products as well as market existing iOS applications moving forward. \"We are excited about what this means for our shareholders in the long term as we continue to find creative ways to positively impact our business and strengthen our balance sheet,” said Johnson. About PDX Partners PDX Partners, Inc. (OTC PINK:PDXP) is a telecom company dedicated to creating revenue and shareholder value by marketing telecom products and acquiring other long term grow...