Replies to post #17318 on Dr Foods Inc. (DRFS)

[Catman_99]

Alright fair enough I'm just playin lol

[KingsKnight]

Best Tactic For Those Under CTO..

Terrible spot to be in , but best thing to consider is "gifting" the shares via transfer to someone on the USA side with a brokerage account if it is possible. At worst, they'll be able to sell with a true capital gain recognition of the full price of the sale, and be taxed on it accordingly.
The slight unfortunateness of this tactic is the "holder/seller" account will have these as a zero dollar cost basis.

Highly doubt a CTO is ever going to get lifted, the custodians are purely looking to get these companies fit to trade/merge on the USA side. Would be a terrible fate if this prints millions & those under CTO can only take a writeoff. JMHO, GLTA

Starlost
No, not at all. The point is, we can't sell PERIOD. Unless we get a partial revocation of the CTO. I would definitely wait until merger news for that.