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Cassandra

09/16/12 12:19 AM

#82657 RE: leaselot #82656

It's my belief that some CKYS shareholders who filed the approprite forms received what amounts to a pittance compared to what they lost. It's most likely too late to try to file for an recovery at this last date.

You should talk with your broker about declaring any CKYS stock still held in your portfolio as worthless so you can write off the losses on you taxes. Since it was publicly revealed as fraud, you may be able to take write-offs all in one year as opposed to the typical loss write-off limit of $3,000/year.