Replies to post #89388 on Golkor Inc (GKOR)

[Akec]

Sure. . .My KATX and coming KATG are held as a traditional IRA since that's the money I used to purchase the stock. It wasn't that much to begin with and I certainly could not have retired on it. Since I'm over 59 1/2, earnings inside the IRA are not taxed and when I take any money out of the IRA by selling off shares it will be penalty free and taxed at ordinary rates.

[GoNiners]

I'll take your helpful advice in terms of asking my CPA about it. C-corp....TY.

What I'd like to know is what will I do with the millions that KAT will dump into my lap. Hmm? Swiss Bank account? :-D

GoNiners