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Post# of 37346
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linda1

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linda1

Re: justthefactsmam post# 14483

Saturday, 01/19/2019 2:09:40 PM

Saturday, January 19, 2019 2:09:40 PM

Post# of 37346
I agree that worthless Stock Certificates would
not be issued.

Stock Certificates are not issued much
anymore and simply Certify the ownership
and number (and percentage?) of Shares owned.

Perhaps it is used for claiming the NOLS when
filing the Income Tax Returns after emergence
from Bankruptcy? I think it is only old Debt and
Equity which can preserve the NOLS.

Perhaps the IRS requires proof of no change
in ownership after a Chapter 11 Bankruptcy.



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