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Re: Kallie post# 119443

Sunday, 03/26/2017 2:28:12 PM

Sunday, March 26, 2017 2:28:12 PM

Post# of 220974
I have a couple of pinks from years ago

Your last line of resort for the one which shows rare volume, and you find impossible to sell, is to ask your broker to buy the shares from you. Where they pay you $10, while charging you a fee of $20. Then you are free&clear to take a tax loss write off. Some brokers are more kind than others.

For one which doesn't even have a blip of volume, you can ask your Broker to provide a letter to you, indicating it's non-tradeable. Can't remember if it involves a lawyer. Maybe others here can clarify. Then your tax accountant can process it as a tax loss.

The only other alternatives are: To keep sitting, and wait until FINRA clears out the tickers. Which could take years more. Or hope they qualify as a shell, and are R/Med. Which again, can take years to happen.

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