When your broker gets through laughing let us know what he said . Even on the gray market the shares need a transfer agent. Since nobody holds the paper certificates any more your 1 penny dream is just that .
Normally you cannot take a loss if you did not sell what you bought...
it will have to show up as a loss. The taxable deduction is only $3000.00 Total for all your losses less gains. Let's say that you claim $10,000.00 loss, it will take 4 years to write it off at $3000.00 total a year. If you gained more than zero, that would count as a gain and is taxable.