Medical Marijuana Inc (MJNA)

[Jayman1980]

Like I said. They are shares. An asset. Not cash. It cannot be claimed as income. Look at the volume for Cannavest. They have not sold them. They are just shares. It is an asset. Lets look at this from another perspective. If someone traded you shares for your car, and you held them to Feb of next year, would you have to pay taxes for this year on them? Nooooo. Not until they are sold. That is when you would come up with a value of the car and the difference of that and the shares you sold would be your capital gain. That is when you realize gains or losses. That is when it is counted as income.