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Re: industrialist post# 10788

Thursday, 01/02/2014 10:58:09 AM

Thursday, January 02, 2014 10:58:09 AM

Post# of 81999
Imagine you were one of the investors who had 10,000,000 shares. That's 1.9 million @ .19. Do you sell in January, with a short-term gain taxed at income rates of 39.5% (Paying 750,000 to the government...) Or, do you wait til later, say, July/August, when the shares will likely be, conservatively, .50 + (if we hit our previous highs here in the next month or so). Getting a $5,000,000 payout taxed at only 15-20%?

I would gladly take 4.25 million over 1.1 million any day.
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