Sadan I appreciate you nominating me the leader gu
Post# of 7769
Posted On: 08/21/2014 10:20:26 PM
Sadan I appreciate you nominating me the leader guy but I do not accept, I am just a regular guy. As far as selling at an 80% gain I will try to be polite and convey this to you 101.
For example: If John Smith bought 500k shares scrc at .20 100k dollars and then elected to both help the company and himself another 500k at .05 cents thats 25k dollars. Very simple Smith now owns 1m shares at .125 cents average cost. ( this should be very easy to understand) So at the current price of .08 cents Smith is down approx 40k.
So with a cost basis of .125 cents and I will not give accounting advice but Smith put in 125k with the ,05 cent stock and is down at current market prices approx 40K. Selling his .05 cent stock 1st would be absolutely moronic as he is paying TAXES ON SOMETHING THAT HE IS ESSENTIALLY DOWN ON??????!!!!!!!! I am glad you are not my CPA! Honestly does that make any sense at all Sadan?????? Surely you are an intelligent person and can understand that right???????? I sure hope so.
I will say it again the core did in fact save the company at a time in need. Bob on his radio interview stated that one of the things the $$$$$ went to was the compounding back in January. If Bob did anymore notes there is no doubt noone would be around this story. The timeframe of the raise started in jan and feb approx 11m shares at .05 so about 600k was raised it was a very smart move and I appreciate all the efforts of the core for helping the company out. So please tell me how this .05 cent raise was a bad deal????????? It makes so much sense as Bob did a great move.
I have no idea what your question is about seat at the table makes no sense and not in english.
Last statement dd before PP with rapimeds again very poor use of the english language as I am not Columbo and can not address the mystery statement.
For example: If John Smith bought 500k shares scrc at .20 100k dollars and then elected to both help the company and himself another 500k at .05 cents thats 25k dollars. Very simple Smith now owns 1m shares at .125 cents average cost. ( this should be very easy to understand) So at the current price of .08 cents Smith is down approx 40k.
So with a cost basis of .125 cents and I will not give accounting advice but Smith put in 125k with the ,05 cent stock and is down at current market prices approx 40K. Selling his .05 cent stock 1st would be absolutely moronic as he is paying TAXES ON SOMETHING THAT HE IS ESSENTIALLY DOWN ON??????!!!!!!!! I am glad you are not my CPA! Honestly does that make any sense at all Sadan?????? Surely you are an intelligent person and can understand that right???????? I sure hope so.
I will say it again the core did in fact save the company at a time in need. Bob on his radio interview stated that one of the things the $$$$$ went to was the compounding back in January. If Bob did anymore notes there is no doubt noone would be around this story. The timeframe of the raise started in jan and feb approx 11m shares at .05 so about 600k was raised it was a very smart move and I appreciate all the efforts of the core for helping the company out. So please tell me how this .05 cent raise was a bad deal????????? It makes so much sense as Bob did a great move.
I have no idea what your question is about seat at the table makes no sense and not in english.
Last statement dd before PP with rapimeds again very poor use of the english language as I am not Columbo and can not address the mystery statement.
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