Biocentric Energy Holdings, Inc. (BEHL)

[seedseller]

Yes, any stocks held for more than 1 year before selling are taxed at the 18% rate. BTW, this rate will revert to 20% in 2010--Obama has said he wants the 20% rate sooner. Any gains from stocks held less than a year before selling are taxed at the ordinary income tax rate.

If you hold a lot of the stock, you might consider creating a LLC and hold the stocks there. You may see some reductions in taxes.