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Two benefits to this purchase Loss carryforward 1) The $4 million dollar loss carry forward offers an excellent tax benefit to a buyer who needs one. Due to the amount of money that went into the development of this business, purchasing the corporation allows you to utilize the loss carry forward of $4,000,000 for many years. The CARES act has recently changed the way a new owner can take this loss, offering additional benefits to a new owner. Cutting-Edge Technology 2) The technology is patent is proven and cutting edge for the Precious Metals, Cement, Minerals, and Coal industries. It is a fluid energy mill for the micronization of minerals and precious metal ores and tailings. It has the ability to fine grind and separates precious metals from waste minerals, obtain full recovery including 15% of precious metals lost in tailings as unrecoverable. This technology will enhance the recovery operation and boost the bottom line. Simply put, it offers significantly greater results with higher yields for existing mining operations by turning unusable, uneconomic ores/tailings into economically viable holdings through gravitational fine grinding technology. The asset includes available blueprints, designs, and data for filing a new patent for a second-generation grinding mill. Over 5 million dollars was spent in the research and development of this equipment and processing. Location: Los Angeles, California Year Established: 1998 Relocatable: Yes Facilities: n/a Market Outlook/ Competition: No mill's currently offer the cutting edge technology that this business offers for equipment suppliers, mines, mills or manufacturers Growth & Expansion: Excellent opportunity to expand into multiple markets. Manufacture the product and sell to miners throughout the world. received residual income through service contracts, and part replacements.
Listed: Apr 21, 2022
Updated: 8 hours ago
Views: 8
Favorites: 0