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Re: Drmyke3 post# 155991

Friday, 03/06/2009 1:49:43 PM

Friday, March 06, 2009 1:49:43 PM

Post# of 326355
Beam. I bought these shares from 0.002 to 0.003 in the summer and fall of last year so the potential for loss side minimal. I transferred 650,000 shares at a value of 0.0063 to reach my yearly maximum TFSA contribution of CDN$5000. I think the upside protection is worth it. There is no 15% replacement requirement on the account. When NEOM takes off and hits, for example say a dime, I simply sell for US$65,000 (CDN$80,000) take the money and run. I can withdraw any amount at any time for any reason and do not have to declare it.