RE:RE:RE:RE:RE:RE:Another financingBayman you are absolutely right about the immediate write-off. That is not the whole story though the ACB (adjusted cost basis) for the shares becomes $0, so when the shares are sold you have to pay capital gains on the full amount. In the end it nets to be about market price except that there is a deferral of taxation that can be a real benefit to an investor. Cheers,