Prana Biotechnology (PRAN)

[tbtbtb]

Yeah, it's been quiet here. Don't know why.

It's always tricky with PRAN, because you never know when things will change dramatically. But that's what makes it fun too. It sure was fun back when it soared all the way to 13 in a matter of days. Exhilarating! And then, not so exhilarating on the way down. You always wonder if Murphy's Law will hold whenever you sell or reclassify in your case, but ...

Anyway, you mentioned taxes. Does anyone have any thoughts about PRAN ADR's being classified as a FPIC at this time? The tax implications? I probably won't sell any of my shares until the company is generating revenue from PBT2 (hopefully), and thus no longer a PFIC, but I'm a little fuzzy on the implications there.