InvestorsHub Logo
Followers 6
Posts 728
Boards Moderated 0
Alias Born 02/23/2022

Re: None

Wednesday, 03/23/2022 7:19:18 PM

Wednesday, March 23, 2022 7:19:18 PM

Post# of 107911
Gains from Guerrero sale were never re-invesrted. Should have been a significant reduction shown on balance for capital gains tax as that is how it works. Legit business's dont do this as they know the Tax bite on 100 million dollar profit from 600 thousand dollar investment would wipe out huge chunk of the "Capital Gain". The reinvestment would need to be made in the same calendar year as the Capital Gain. This without question is smoking gun evidence that there was no 100 million dollar sale of Guerrero. IRS and SEC will shut this down soon "MARK MY WORDS".