ccrydr's Profile
ccrydr's Posts
According to the IRS PTSC is not worthless as long as there is a market that trades it. To claim a Capital Gains loss which I have several lifetimes of carry over, you need to actually sell the stock at a loss unless there is some IRS defined way to claim the stock as "worthless". In other words if you want to claim a loss you will need to sell the stock for less than you purchased it. Bankruptcy is one condition that can qualify PTSC as worthless but ... SO, anybody out there want to buy my tax loss. It's a whopper!!!
This is the last week to trade OTCQB. Look out Pink here we come!!! So you thought we didn't get much company info before? On the Pink we'll get much less since there is almost no requirement. ;0(
By my count, this coming Thursday is the deadline for the time to have the stock trade at .01 or better in order to avoid delisting. FWIW
Just in case you haven't looked lately. Enjoy now before it goes away.
NO reverse split!! Thank you all, hopefully. Please note there were enough proxies to count to meet the quorem requirement(so a boycott would not have been productive) and enough of us "actives" so to vote down the reverse split. This is the first time we have had a say in one of these SHAM scams. As Mom used to say,"We"ll see". GLTA