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Saturday, July 06, 2013 8:42:15 PM
I read that in the event of an audit, you'll have to demonstrate to the IRS that there was no hope for you to receive anything from a sale of your security. You'll also need to provide a reasonable estimation as to when the security became worthless.
If BKMP starts trading again and I can't demonstrate to the IRS that there is no hope for me to receive anything from the sale of BKMP, do I still own the shares of BKMP?
I like what the FN has been doing and if it still has hope I want to be a part of it again!
I'm also a big MMA fan. Paul Daley will be fighting on July 20th on Cage Warriors 57. It will be the first time the UFC and Strikeforce veteran has fought in his native England since 2011. The "FightNetwork" logo will be all over the cage.
The next date for the lawsuit is on the 27th of August. Has anyone ever declared their shares worthless and then later found out that they were worth something?
If I only knew then what I still do not know now.
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