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Re: beefeater post# 35473

Monday, 04/08/2013 9:14:07 PM

Monday, April 08, 2013 9:14:07 PM

Post# of 380514
Maybe I didn't explain well enough. Here's an example that could be reality. If you put $5,000 into a ROTH IRA now, this would buy about 350,000 shares (at .0142/). If the stock then went to $1.00/s = $350,000 for a gain of $345,000. No tax on the gain - EVER. Yes, you are limited on the annual contribution - but not on the gain. And, if you are married, you might even be allowed to double the amounts. Hope this responds to your comment. At any rate, it might be something to consider if you believe (as I do) that NTEK is going to explode and sprinkle gold dust on all who have the hair to invest at this time.