Fortress Financial Group fka FFGO

[ib12u]

FFGO –Taxable or None Taxable.

That was the question...

For all it’s worth, after reading up through now, I felt compelled to respond to the comment regarding whether or not the IRS requires payment on Divvies/stocks.

Note: gains, regardless of size, remains “Unrealized” until sold.

You do not owe taxes on shares you own until they’re converted into actual CASH via selling them.

You will owe Estimated taxes on divvies that show up in your portfolio as CASH. (Divvies in CASH? very unlikely)

You will NOT owe Estimated taxes on divvies that show up in your portfolio as SHARES.

This would be pointless and primed for accounting errors with every instant the PPS changes. –One minute you OWE taxes on your capital gains followed by the next minute where you’re then OWED taxes on your capital losses. –This kind of flip-flopping can happen several times a minute, through hundreds of times in one trading day. This is why settlements are “SETTLED” on a SELL of shares, whereby then, the capital (cash) value of your gains/losses is no longer volatile, but instead, final.

THEN you can talk about Taxes/IRS.

(yeah yeah yeah I know, my explanation was grossly over simplified.) -Heh!

In the mean time, the volume for FFGO, (suddenly, as it seems), went to strange heights today, so much so, that the .0001 got nudged to .0002

Amazingly, this nudge seems to have created quite a ripple of attention.

(Sweats of anxiety wiped from many foreheads)

I wonder what kind of chatter is lofting around among the stock clouds on this Ticker Symbol.


Did someone turn on the lights?

Or am I having a “ Warp-Driven ” imagination.

>B^}