Wednesday, April 08, 2015 7:10:03 PM
One of the largest factors is the fact that BEHL didnt even have a Form 211 on file, it was in fact an unsolicited quote security and had never been cured of it's shell status at any point. This was an easy Global Lock for the DTCC.
You wont ever sell the stock, you might be able to get rid of it from your account depending on your broker. Some will remove it from your account in a "Penny for the lot" transaction, basically $1 for the worthless security. The loss however can be taken without selling the security, you have a No Bid security with no market. You have to consult your tax specialist to do so.
THE REAL DTCC DISCUSSION
http://investorshub.advfn.com/boards/board.aspx?board_id=23867
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