GREY:ZMSPF - Post by User
Comment by
slitheyon Mar 15, 2022 2:40pm
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Post# 34516000
RE:RE:RE:RE:RE:RE:RE:RE:RE:ZMS and capital loss for tax 2021 purposes
RE:RE:RE:RE:RE:RE:RE:RE:RE:ZMS and capital loss for tax 2021 purposes Well years ago they were a real company, with interesting SIPM and scintillating crystal products. Could not compete with Hamamatsu however, and they started a mess of subsidiaries flogging undeveloped projects. I fault them not for failing, but for not shutting it down cleanly. They drained the company to the extent that most of Farouk's salary is still owing him, as is appropriate.
The new werbold venture is to advise VC's parlaying their experience in failures toward recognising signs of weakness in budding proposals. This seems to be a growing trend. Organizations like Founder's Institute have a whole army of mentors with the same credentials. However this requires a level of bullshit that I don't think Farouk is capable of, to his credit.
Anyone have information on how you declare a capital loss on this? I use a discount no advice brokerage.