UAI - Unistar - BB reverse merger that moved to AMEX Message Board

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Non-Tech : UAI - Unistar - BB reverse merger that moved to AMEX

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To: Q. who wrote (67)	7/26/1999 2:06:00 AM
From: RockyBalboa	Read Replies (1) of 133

Ah, I think you put out the lights on the newly opened thread <g>, well there is indeed not much to do meanwhile. What's about the role of the exchange (AMEX)? Do they have to report about halted stocks and the next steps, or can they stay quiet indefinitely (I mean, consider one is long a halted stock and wants to receive any information what's going on)? On another question, is it a legal way to avoid U.S. taxes? Imagine, the buyer of those shares has a big tax liability because of trading gains in other companies in 1999. So a company is set up reaching a very high stock price, and the U.S. buyer now loses his gains by buying into it and then the price drops. The gains appear on the other end, where a company (a trustee?) shorted against the box.

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