Psycho9778's Profile
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Hi guys,
I would like to put a positive spin on the current SP. At $0.285, if I am doing my math right, and $5,500 TFSA contribution limit, I can transfer 19,298 shares of PTK into my TFSA. That would be tax free as my cost on those shares is $1.15 each. Can someone confirm the math and tax implications?
Thanks!
The MD&A is posted on EDGAR
https://www.sec.gov/Archives/edgar/data/1437424/000117184316013383/exh_992.htm
More details are available on EDGAR
https://www.sec.gov/Archives/edgar/data/1437424/000117184316013383/0001171843-16-013383-index.htm
I am going to say nothing about that press release. It is exactly what I expected. They are still working on things and have experiences a number of delays and roadblocks.
Just once, could we have a news release that will drive the stock far far north into the green?
The one positive would be the NRE albeit was only $154k.
Well, I suppose if you are going to transfer out of your RRSP the tax implications would be minimized at this time. Now I am not a tax expert (insert disclaimer) but the lower the price, the lower the tax hit to you.
Does anyone know why the documents were re-filed on EDGAR? Not sure if there was any changes.