Big reduction in Tax Collections should occur
for 2021 year end due to the
SEC shutting down trading in
so many companies at one time...
Some write offs, well many, will
be small, by peons that speculate
cheap after dormant periods occur...
But it will add up...
Insider holders will soon be
barred from any sales at all
in the new rules...
So they will only have a choice
left to write off much bigger
investments done in past...
And all the folks that paid high
prices in past that are still
holding and hoping that a company
revives will take big losses...
TAX Write Offs will be massive
for 2021 non tradable otc companies...
Looks more like a rule aimed to
embarrass Republicans running
country when put out...
But Democrats may not even know
the tax collection pitfall coming...
Gloom, despair, and agony on end
for the few Delaware shells I'm
holding that now have .0001 to
.0002 bids...
But my past trading gains in them
have them held at no cost, so
why would I give them away?...
Robin Hood may be the only broker
not over whelmed at year end
handling investor exits of otc DUDS...
Unintended consequences abound...
so we watch...LJ
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