Replies to post #68384 on KAT Exploration Inc (KATX)

[cusafr]

Now that's a good question! I see it like this: I paid $0.00 for the stock. If I sell all my shares for $100.00, then I'll claim $100.00 profit.

Now; if I sell all my shares for say $100,000.00, then I hire an accountant and let him/her figure it out.

That's my plan.

[nachzala]

The Form 10 should give you a basis for tax purposes