Pernix Group Inc (OTCPK:PRXG) is looking to make earnings accretive acquisitions. "The Company maintains the benefit of having $86.3 million of net operating and capital loss carryforwards that may be used to offset future U.S. federal and state taxable earnings. These benefits are potentially advantageous to our existing business and could be enhanced by our plan to grow through acquisitions that are accretive to earnings," Pernix announced with the result of Q1, 2016.