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Re: RISK_IT post# 40650

Friday, 10/18/2013 3:22:01 PM

Friday, October 18, 2013 3:22:01 PM

Post# of 41931
No write off yet

Talked to an accountant. You are correct that until the stock is delisted the IRS could easily challenge any write-off.

Here's another article on the topic... The dilemma of almost "worthless" stocks

Delisting is clearly in the cards, question is where in the SEC's queue it sits.