Replies to post #80244 on DD Support Board and Research Team

[Newtogame]

Thank you, and with that being said IF and I say IF the SEC reinstated the revoked stock--wouldn't the buyer be standing in the tall grass?

[samsamsamiam]

Wait - I understand the part where the original stock purchaser can get a write off for that sale - but it sounded like someone wanted to sell that tax loss to someone else.

But does the IRS actually require you to sell the cert? Isn't it enough that the shares were revoked/delisted by the SEC and aren't trading?

http://www.bankrate.com/finance/money-guides/writing-off-a-worthless-stock.aspx



that is why I asked if he were the buyer or the seller of the cert.

LOL I automatically always think FRAUD is being committed!