Replies to post #2394 on Baxano Surgical, Inc fka BAXSQ

[aaron_03]

How do I claim a tax loss?

You mentioned about claiming a tax loss this year. How would you go about doing this? Secondly, why are we not able to claim a tax loss for last year? Weren't the shares canceled on August 12th, 2015 thus making our investment worthless? See note below from FINRA:

Attn: Trading and Market Making/Legal and Compliance/Operations/Systems
UNIFORM PRACTICE ADVISORY (UPC 20-15) 8/12/2015
Baxano Surgical, Inc. (BAXSQ)
Notice has been received that the above Company’s Second Amended Chapter 11 Plan
of Reorganization filed under Chapter XI of the Federal Bankruptcy Code, became
effective on 8/10/2015. Pursuant to the Plan, on the Effective Date, The holders of
Interests will not receive any distributions or other consideration on account of such
Interests. On the Effective Date, all Interests shall be cancelled, extinguished, and of
no further force and effect.