So how will shareholders sell for tax writeoffs Say if there is no bids at end of year. You have to sell for a loss to recive a deduction. so if one can't sell because of no bid thus stuck with millions of shares worth .0001 it would still not be a loss because you still own the shares. I have never been in this situation,and very glad I am not now as well.However; I suppose One could spend the money to recive Stock certificates,then donate the shares to a charity...Lol... then You would no longer own them right.
Although,I suspect there will be a chance to sell before end of year after the R/S that must come if shiva would like to bump his income. So I look for a R/S/ before end of Year, so shiva can sell sharply reduced shares next year.
What a way to make a living. Shiva's motto must be "ONLY IN AMERICA!"
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.