OTCPK:MEAOD - Post by User
Post by
wind00on Oct 27, 2015 1:27pm
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Post# 24231036
FT/charity scheme info
FT/charity scheme infoin regards to my post yesterday with the FT charity angle, I just received this message - I had asked for more info......
The flow-through/charity scheme is completely above board and there are several funds specializing in it. I am not a particular fan of flow-through to begin with but in these times we cannot be so picky. The good things about the flow-through charity scheme is that it gets the shares into someone’s hand who actually wants to hold it for the investment potential. Otherwise the FT purchaser tends to blow it out the door immediately as they just want the tax write-off.