InvestorsHub Logo
Followers 23
Posts 2665
Boards Moderated 0
Alias Born 12/28/2014

Re: None

Tuesday, 03/31/2015 5:20:05 PM

Tuesday, March 31, 2015 5:20:05 PM

Post# of 55246
I Was thinking The LLC that converted there shares may have done so for a tax reason, Have a idea that the future would bring gold !!

The LLC likely do deeper DD them the avg guy can.

Remember your Roth IRA for TCEL
Information for those who do not know a lot on convert shares of TCEL. 30,000,000 shares at 0002 That is $6000 that you most pay tax on by moving it to your Roth IRA. So let say you are in a 25% tax bracket That = $1500 you pay in taxes

Now that same 30,000,000 Shares in this case of TCEL now in your Roth IRA go's up to just .005 only, not even one cent;
That is now all $150,000 tax free. you just save $36,000 in taxes at the 25% rate.