Replies to post #28627 on Exobox Technologies Corp (EXBX)

[LarryGarf]

Thanks for that, Mr. Owl. That's a good article on writing-off a worthless stock. I was pretty sure that there was a procedure to write-off a capital loss vs. ordinary income. I see that you can only write-off a maximum of $3,000 per year of ordinary income and carry the balance forward to future years, so it might just take quite a few years to write off all of the loss.