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jbsliverer

08/29/12 2:17 PM

#110981 RE: cable #110980

Well after the Global Lock, it sure looks that way. You might get lucky I guess, a few sales might go through at the .0001, but getting those for all your shares are probably impossible (especially since the broker won't have anything to do with them). They also will be so few sales in relationship to the 15 Billion share structure, if any, it won't be worth mentioning.

As BigBake stated, .0001 with NO BID is worthless, which is where it's been at for some time and the tax difference between .0001 and zero with your write off probably isn't much in relationship to your whole tax position. Of course it depends on how much you paid; if you only paid .0001 then you didn't pay much and the tax code these days don't give much for deductions anyway (at least not enough in my opinion, the time and/or cost vs every per $100 deduction is getting very inefficient to say the least).

But yes, given the Global Lock and most brokers not dealing with it (soon to be none or at least yours with no way to transfer), it pretty much only leaves the tax loss. The BEHL ticker/shell is not coming back.