News Focus
News Focus
Followers 0
Posts 63
Boards Moderated 0
Alias Born 01/18/2011

Re: Jackroch post# 2268

Wednesday, 02/09/2011 12:28:00 PM

Wednesday, February 09, 2011 12:28:00 PM

Post# of 6560
Hi Jack - CPOW is the only OTC stock I own. When I bought the shares back in Dec at the height of the pump - I couldn't buy the shares online in my Self Directed RSP Investment account which is with my bank - I had to call the broker to make the trade. The Canada and Revenue Agency do not allow one to hold unregulated shares (OTC-PK) in RSP accounts. I will some time soon have to transfer my CPOW shares to my questrade account unless I can get them approved.

Yesterday - I bought the shares online through Questrade without a problem once the compliance department removed the block.

CPOW would qualify for tax incentives for canadian investors if it was to list on a Canadian exchange.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today