ANTs Software Inc. (fka ANTS)

[Rbb1822]

Does anyone know how this works? Do you automatically get the tax loss now, so that even if you don't otherwise use it, starting this year 3,000 would be applied against ordinary income? And if the company comes back....cough, hak, cough, would our cost basis be zero? Or is it up to each individual as to when the tax loss starts?

I really need to know the status of the ACS and especially the ADS before there's any throwing in of the towel.