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Re: ryanngina post# 29358

Monday, 11/15/2010 11:16:52 AM

Monday, November 15, 2010 11:16:52 AM

Post# of 42873
As I stated here: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56702721

You can't receive $$$$ back from the IRS unless you realized the gain and paid taxes on it. To realize a gain, they would have had to sell shares to another investor at a profit. They did not do this. They have always owned 100% of the sub (i.e. never sold a share to another investor). Sorry but there's no gain to equity here no matter how you spin it.

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