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Re: GetSeriousOK post# 27138

Monday, 12/29/2014 1:51:01 PM

Monday, December 29, 2014 1:51:01 PM

Post# of 30046
Lakeshore, you said:

"The only decision that matters now is the decision whether to claim RXPC as a tax loss for 2014 or to kick that can down the road."

Typically when shares revert to zero value, in order for a Retail Investor to take a tax loss on his investment, the fine print states that his Retail Brokerage Firm takes full possession of the dead stock.

Assuming that the Delaware re-incorporation does take effect, what will the brokerage firm do with their newfound wealth, I wonder?

They will sell the (private corporation) shares to Someone able to buy them. I wonder who that will be- hmmm.

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