Cannonau Corp (CNNC)

[BRONSON]

Kind of a wait and see what happens stock.

Don't think it can get too much lower then it is now after the split there's only 63,000 outstanding shares at 13 bucks a share this has a market cap of $800,000...
With a trading float of only 9,000

If you truly have 300 shares you have 1/30 of the tradable float.

But if you had 45,000 shares after the split
You would only have 22 shares now...

The last 10-q of 2019 should come out in the next few trading days.
Not sure if we'll see some real numbers or not they might just wait and start fresh in 2020.

I think this will wake up to its fullest potential between a week or two and three months when the first Q of 2020 is released.

Looks like you're sitting on an nice loss you don't have to take it all at once you just use it to offset profits.

For example if you made $5,000 in the stock market in 2020 realize gains instead of paying 15% taxes on that 5,000 you would sell $5,000 worth of pbec realized loss which would wash out your gain and you would pay zero taxes.

If you sell it all at once you can't write off future gains from past losses.

If you itemize your taxes and made capital gains from other avenues such as a real estate or something. You could also use you're old shares to wash out the gains on that as well but Most accountants won't tell you that..