TFSAThis is something the Canadians on this board might be interested in.
Seeing that Sirit has the potential to rise up to a higher share price, I have opened up a Tax Free Savings Account with TDWaterhouse that is connected with my trading account. I transfered $5000 worth of shares when SI was at 14 cents into the Tax Free Account. You do not have to sell the shares and buy them back from the account to do this. So now if Sirit's share price theoretically goes up and I sell those shares, I pay absolutely NO TAX on the capital gains. You guys have probably figured this one out already, but I thought I would post and see anyway. You could save many thousands of dollars if the share price goes up significantly.