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If you hold longer than one year you can sell everything and you don't need to pay the 15% penalty. Then your taxes may be around 30% - that would be my guess.
As far as I know, the 15% penalty only applies if you make more than a million and sell prior to 1 year.
But again, when the time comes, look for your taxes attorney to ask for advice.
Good luck to us!
If you are able to hold for more than 1 year, you're waived the 15% penalty.
But I really recommend talking to your tax attorney/accountant in order to avoid undesirable surprises.
I don't want to give this money to uncle Sam - if I can hold longer than one year, I will (if I end up having the one million bucks, of course).
What happened to me:
I have Fidelity.
I transferred money from my Checking account to Fidelity.
Money wasn't cleared yet, but Fidelity allowed me to buy batches of 9999 shares maximum. If I put 10K shares, I was getting an error message about not having funds enough to buy the shares.
I would say it may be a similar case, but for this brokerage the maximum is 4999.
People were talking about this not too long ago. I think we can escape the 15% penalty if we keep the stock for over a year. Otherwise uncle Sam will bite 40-45% of your profits.
But important detail: as far as I know, the 15% penalty only applies if you make more than $1,000,000.00, which hopefully is going to be your case. (c;
looking halted to me as well
Thank you very much again, Varok! Very interesting article.
LOL
I have been here since February and those are the words I have heard the most.
Cheer leading the stock raise the PPS, haven't you learned about that? LOL
With that said, GO DOLV!!!
PS: By now your comment may have been deleted (because it has been judged as "irrelevant")
The BS of SSDD is more alive than ever!
I learned about being minimum as $1. Also, you can confirm at NASDAQ, there are a lot of stocks that are slightly above $1. So I would stick with $1.
LOL! I don't follow him, it was just funny to watch the video.
But if we keep cheer leading the stock it may go up, right?
LOL
SSDD IMHO.
I'm sorry, but I couldn't confirm your findings.
I would say yes, because I checked very early this morning and FINRA website already had one name/ticker change.
Yeah, ticker change will come from FINRA.
Keep checking, their updates are random (seems to me like they update it on the fly).
http://otce.finra.org/DLSymbolNameChanges
Thank you very much for the chart, Clay!
Have a great day!
Randy, good morning. I've seen updates all day long, there is no specific time they update their list.
Yeah, Bong. I think you're absolutely right and thank you very much for bringing this up.
I believe this: if your name in your passport doesn't match your name in your social security card, you may be in trouble...
NEWS!!! Ticker change: WORX is now MRMD - MariMed Inc.
Source: http://otce.finra.org/DLSymbolNameChanges
Good luck to you all!
Congrats and good luck to you and your wife!
May God protect and bless you and your family!
May DOLV (and the new ticker name) brings prosperity to us all!
Yeah, if you just got in, do some reading in order to update yourself.
DOLV is changing the name to something else - I don't know the ticker name yet. The new name of the company is "JB&ZJMY Company, Inc." (the previous name was "Dolat Ventures").
But if you want to join on this Electric Bus, you will be able to buy DOLV for now - if you wait for the ticker name change it may be too late (the PPS probably will increase a lot).
Welcome and good luck to you.
You found TESLA instead.
Good morning! It's not a dumb question, it has been asked here several times.
You don't need to do anything. It will be transparent to you. The name will change automatically.
Have a great day!
That's a great find! Thank you very much!
Go $DOLV
Yeah, we know a lot of information. Probably Press Releases will not be any news to us.
But for the health of the stock and confidence of the investors, it would be nice to release something. Just something. Because the stock dropping every day is not good. I don't know how the executives see this, but in my opinion it could look better for everybody. Ah, but the company doesn't care about OTCMarket or promoting this stock - well, first and foremost I believe this is speculation. I don't know for a fact if the company cares or not for their stock and their investors. Plus, I don't see anything wrong with the stock going up - somebody correct if I am wrong, please.
Anyway, I have seen this SSDD for a while and so far, as other pointed out as well, nothing concrete.
And since the company already knows there are investors, a little satisfaction could be provided. Anything that could show that they are with us as much as we are with them.
FAKE NEWS!!! LOL
Oh Richard give me some news
Or I'll just sing the blues.
Have anybody heard about VDRM joining forces with ACBFF (Aurora Cannabis)?
It's speculation, but I heard there is a possibility of VDRM using its powers of distribution for ACBFF products.
This would be huge!
Good morning! Hope it is a great day for VDRM!
http://oracledispatch.com/2017/05/07/micro-cap-update-viaderma-inc-otcmktsvdrm/
Have a great day you all!
Mr. Richard Oravec told me it is ilegal.
Way to go, floridany! As far as I've seen, you also deserve to be a rich man. How much hard work have you done for the benefit of all of us?
Another thing that I think that set people apart is to know how to take the right decisions. In my humble opinion there is no luck - there are good and bad choices in life.
Thanks again for everything. You guys are the main reason I'm long $DOLV.
I think that too. We only have a battery company that went public in order to have more protection on their technology patent. That's it.
I agree with you. And I believe it is all we're going to get for now (the battery manufacturer company).
Randy, is Richard in China right now? Thanks
It's because they want to change the ticker DOLV to something else. In order to do that, a Cusip change should occur prior to ticker change.
Thank you again for your wonderful insight, Varok!
Happy Friday to you and yours, and have a great weekend!
News!!! Ticker change!!! MMHC is now SSOF!
http://otce.finra.org/DLSymbolNameChanges