Replies to post #43388 on North West Oil Group, Inc. (NWOL)

[marks37]

Hey, if I am going to be a heartless SOB, I might as well be the biggest.LOL

Actually. I feel VERY sorry for him (especially since he borrowed money from my wife) and am going to do his tax return PRO BONO which is something I rarely do for anybody.

Another sad part of the story is even with all my tax experience serving commodity and security brokers, investors and traders, I can't figure out any legal way to get some tax benefit from his huge capital loss carryover. I know a couple of illegal ways, but,------

Just the loss on NWOG/NWOL will take him over 100 years to write off at $3000 per year.