Happy holidays all. For those who still hold shares in VEND and are trying to decide what to do, whether you had the legend removed and put on the books of a b/d, or still hold certs or an ownership agreement, wait. Your biggest value in the position now is the tax loss you can claim. No need to pay fees for opinions, etc. Let the company go BK, then talk to your CPA or contact your b/d to remove the “worthless security” from your account. The b/d will research to see if the company is still a going concern. If it is, they will tell you to trade stock to close. If it is bk, they will remove the stock, possibly for a fee.
Good luck in whatever your path and I wish you all an outstanding 2020 filled with happiness, good health and prosperity.
MJ 2.0
