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Re: None

Monday, 12/16/2019 9:15:29 AM

Monday, December 16, 2019 9:15:29 AM

Post# of 3758
They are not actually losses? You still have shares, just in a private company now. I really don't know the tax implications though.

This is all from reading after the fact but generally a company goes private because their shares are worth more than they are trading for on the open market. I just don't know if they planned on this or if it really was something they let happen because of negligence (seems unlikely right?). I'm definitely not an expert in this, always something new to learn.

Also I thought you could only sell private shares to the company, an accredited investor or on a market specifically for private companies.

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