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Re: Kashkat post# 61574

Thursday, 05/11/2017 1:54:24 AM

Thursday, May 11, 2017 1:54:24 AM

Post# of 156717
I agree with you 100%, although you have to take into consideration statue of limitations. Even then, I don't know if that would have helped considering things can be backdated. Which brings me to my prior post!!! Regardless of the outcome....at the time of the deal, the patent was worthless!! It was just an IDEA at that point because it had not be realized(Patent approval). Therefore, there is no value!!! IMO, it's the same concept of stock. Would it be fair or rational for, let's just say you, to have to pay income taxes on a gain of stock that you have not realized yet? I would hope that answer to that is no, lol!