Monday, January 25, 2016 7:04:49 PM
There was a discussion on the board here about a month ago. . . MerthyQ summed up best, saying that it is best to get professional advice. I would say that with the stock still being traded. There are 'risks' involved. . . and not knowing how IRS rules apply to restricted and/or unregistered stock certificates, I'm not wanting to incur any added risk or expense to find out.
For me and what I know, I'd not write anything off at this point since the risks are not worth messing with as I would think there are some complicated IRS rules in some circumstances, by writing something off as worthless, prior to it actually being 'worthless'.
I also think we'll know more on where BORK is going in the next several months and am patient enough to get a final/definitive answer then.
I still have BAM shares and will see what unfolds over the remainder of 2016. . .its a risk vs reward thing for me and I'm risk averse. JB/CJ did tell me that there could be some help from BORK for BAM share holders once there are some brighter days for BORK.
Reviewing that last statement sounds like an oxymoron at this point after investing in BORK and not seeing any reward/profit. . . YET!
Regards,
KZM
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