I would say to the IRS: On the date they blamed the Product Launch delay on "Hurricane Sandy" in their last and final press release.....(11/19/12) LOL!!
When the security became worthless. You must reasonably determine the date the stock lost all its value.
Options Media Group Holdings, Inc. Updates Shareholders Date : 11/19/2012 @ 8:30AM
"I am pleased that, despite the delays we encountered as a result of the recent Superstorm Sandy, our new team is moving forward, additional financing has been secured, and that our unique suite of solutions to the expanding problem of distracted driving, 'TextOnHold™' responsible texting product, and 'PushForPanic™', a personal security application, will soon be introduced to the consumer market."