Vertical Computer Systems Inc (fka VCSY)

[OraclePhoenix71]

Yeah, I understand. You have to prove to the IRS that the company has no chance for recovery and the shares are worthless. You could still sell the shares for like $1 and you can claim the loss after you've disposed of the stock. The challenge is NOW Solutions is still bringing in revenue and the IRS would likely view that as a possible way for the company to survive. I really don't see that happening though. Any company installing a new HRMS would want to make sure the company they were buying it from was financially sound. That is certainly not the case. Selling NOW Solutions is an option, but the shareholders would never approve it.