Replies to post #62975 on Lans Holdings Inc (fka LAHO)

[richme]

It is always possible to surrender shares even profitable ones though the latter is not normally done. Surrendering shares may not always be the best course for the moment, it can always be done later. Suggest an in person meeting with your tax accountant since stock losses on penny stock, blue chip stock, flipping proceeds, all have a different treatment under the tax code. It is not simply deduct losses against total income.i

[katano]

I can take ur shares and pay u beer money and u still can take the loos for tax purpose. All we need is talk to the broker and transfer them in my account...