Medinah Minerals (MDMN)

[Veblen]

United States taxpayers who lost more than $3000.00 on MDMN and do not have gains to offset the loss against rather and than be limited to the tax code limit of $3000.00 could try to deduct 50% of the loss as a casualty loss on the theory that it was stolen by Les.

You might be able to claim this 50% loss even if you don't sell your shares.

What would you have to lose?

The IRS might not approve but if you are open about the reason the loss is claimed what have you done wrong?

Discuss this with your tax advisor. Do not take this post as tax advice.