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george9876

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george9876

Re: MrchntDeth post# 3570

Friday, 05/06/2011 11:13:04 AM

Friday, May 06, 2011 11:13:04 AM

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"My wife owns 2,500 DIMEQ's in an IRA; she's sending the Election Form (and Release), asking for 100% of her payment in NEW COMMON SHARES."

Since it is in an IRA and pays no tax why not take cash? I, maybe incorrectly, thought the shares were to avoid capital gains tax. Is there a financial statement for the proposed shares? What are they shres of?
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