uvagrad's Profile

uvagrad's Posts

Re: IRA -> Roth IRA with substantial PTSC holding?

You do not have to sell the securities in the IRA to convert to a Roth. Probably a good time to convert to Roth if you think the stock will appreciate significantly, but you also have to think about what rate the conversion income would be taxed at now, vs. future tax rate at which IRA distributions would otherwise be taxed when they have to come out of the regular IRA down the road.


In a regular IRA (or Roth for that matter) if you have a big loss in the account there is no tax hit, or benefit (deduction). If the entire account goes to zero there may be a possibility of a "miscellaneous" tax deduction if you itemize.

about 10 years ago
Re: comments on SP to day

Agreed, I am still trying to add shares...had a limit order in at .0465 all afternoon and not filled.


Doubt seriously shares are being repurchased by PTSC due to low volume....also they need to conserve cash until this mess is resolved and licensing can resume, imho.

about 10 years ago
Added a few today....

Hi all, I don't post much but lurk from time to time. Against my (probable) better judgement I picked up a few more today at .047. No special insight, just a feeling that we are overdue for some good news. The stock is cheap for a reason, but it IS cheap down here! GLTAL

about 10 years ago
Maybe the solution to our problems....

....is to relocate the company to Belize, fire all employees except one (maybe we've already done that??), and set up a social media website, a la Cynk Technologies (CYNK)? Apparently that's worth a minimum $4 bil. market cap. LOL. GLTAL

about 10 years ago
Great news

Another brick in the wall...hope our mgt. and BOD can capitalize on it. GLTAL

almost 11 years ago
I am buying today...

I've added shares today for the first time since last year. I will continue to do so if we drift lower. GLTAL.

almost 11 years ago
uvagrad
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