Secure Point Technologies Inc (fka IMSCQ)

[Ramp Worm]

Then if I get the 6.5 cents next year I can clam it as a gain next year when it is received.. The page I linked peeps too explained it and made sense to me. Look at it as YOUR totally unable to get any money from it right now right. SO you have lost it. SO use the loss for the year. Next year you can declare any gain offsetting that loss IF we get any money. Worst situation would be if you REDO your taxes.. You have 7 years I think. I suppose you can take the loss next year.. BUT from what I read it was better to take it this year. Just opinions and no CPA speak. Just what the RULES spelled out.

The fact you do not have access to your money right now opens up these options.. IMO
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