Piles of canadian MJ were nothing more then stock promos. PBIC never traded much volume, I am not familiar with it. Taking a look at it now, I would guess its never coming back. If it does, you still have almost nothing. If you have gains, you can realize the loss if its outside a tax shelter.. Or just hold on to it forever in hope someday it comes back. If they ever do, its issue a gazillion shares for the debt, and rolll it back, and then issue a gazillion more shares to the point of regardless of what happens, you have almost nothing.
claiming loss on a worthless security https://ca.rbcwealthmanagement.com/docu ... 8_high.pdf
claiming loss on a worthless security https://ca.rbcwealthmanagement.com/docu ... 8_high.pdf
If you aren't willing to take small losses, then you will take big losses. This is my guarantee. -
Mark Minervini
Mark Minervini