Crossroads Adopts Tax Benefit Preservation Plan to Protect its Net Operating Loss Carryforwards

AUSTIN, Texas, May 23, 2014 /PRNewswire/ -- Crossroads Systems, Inc. (NASDAQ: CRDS) announced today that its Board of Directors has adopted a Tax Benefit Preservation Plan (the "Plan") designed to preserve the value of its significant net operating loss carryforwards ("NOLs") in relation...

Source : http://www.prnewswire.com/news-releases/crossroads...