NanoViricides Inc. (NNVC)

[loanranger]

I did a conversion when the Roth was first offered a number of years ago. They offered a special deal at its inception that allowed positions to be moved from a traditional Ira to a Roth...at the time there was a limit of 100K in value that could be moved and it was taxed over the next 4 years (25K a year). It was a good deal and I have been drawing on it for the last several years tax free after hacking up the investing process since its creation :o) So I'm not totally unfamiliar with it.

I think this deserves more careful consideration:
"If you convert stock now to a Roth and pay any taxes due from the standard IRA (if there was a capital gain), then once in the Roth, the taxes are not an issue."

If a person has an IRA that originated from funds that were deducted from income in the year earned and deposited in that IRA (what I'm calling a "traditional" IRA) they are required to pay taxes on any future withdrawals, presumably made upon retirement. Everybody knows that.

If one transfers shares purchased within a traditional IRA with funds which have not been taxed, in my seriously uninformed opinion it wouldn't make sense that the taxed amount upon transfer would be restricted to "if there was a capital gain". (The original investment dollars would never be taxed that way.)
Consider this. If you had uninvested cash in your traditional IRA and wanted to transfer it into your Roth and THEN buy NNVC shares with it, the full amount of the cash transferred would be taxed, wouldn't it? I think so.

Anyway, I'm talking out my hoohah at this point, but I think it's worth some research before you proceed.