Replies to post #60170 on Eyes on the Go, Inc. (AXCG)

[GREGG THE GREEK]

I should not have used the word dumping, my bad. But i've been able to write off such things in the past. I'm not an accountant and don't know what method they use for doing so.


All i know is how it's worked in the past.

[skietz]

From what I understand each broker Is different, but contact them about "worthless stock" . They will buy all your shares for $0 or $1. It sucks but atleast it's a tax write off. They may make you wait a certain period of time before they allow you to do this. I'm holding for a couple of years, already wrote this off in my mind...just hope something happens and can recover a fraction, if not write off eventually.