How do you take a loss if you have stock in certificate form? At what market price do you report the basis value? The date of issuance?
I'm actually going to light the certificate on fire and mail the ashes to Jake Shapiro with a note saying...
Dear Jake the Snake:
You destroyed this company and stole millions of dollars from its investors and shareholders. Here's a pile of burnt ashes worth about a much as your integrity and moral compass. Oh wait, you have neither. These ashes are worth more. Please savor them.
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