OTCQX:DMMIF - Post by User
Comment by
dmuyon Dec 05, 2011 10:23pm
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Post# 19293984
RE: RE: RE: RE: its a done deal
RE: RE: RE: RE: its a done dealThe 70% WPT has been known for quite some time. Back in the days when Otto was pro-DMM he did a piece with calculations to show that the WPT was not that bad.I guess there's only so many times you're allowed to change your mind without looking too foolish. Taxes in Ecuador are going to be high; but we knew that. I think there will be a time when that won't be an exception however. What's encouraging is that the WPT is deductable and that it is indexed to inflation. Ecuador's currency is the good old US $.