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Technology Stocks : Allen-Vanguard Rescue Board

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To: kidl who wrote (644)12/23/2009 4:36:50 PM
From: upandover  Read Replies (1) of 724
 
I am blown away by such a blatant disregard that the courts have shown towards equity holders within Canada and the rewarding of such corporate greed and underhandedness.
What a sad day for investing in Canadian companies for now and in the future.
Not only have many investors lost every dime through very dubious measures but I would also guess that investors will also not be able to write this off as a tax loss.

Could someone please confirm if we can still utilize this loss for tax purposes?

Many Thanks
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