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Microcap & Penny Stocks : International Automated Systems
IAUS 0.04000.0%Jul 8 5:00 PM EST
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To: dustydent2 who wrote (7584)7/24/2023 12:12:14 AM
From: TEDennis  Read Replies (1) of 7616
 
The RaPower3 "team members" who petitioned the US Tax Court after being denied their tax credit and depreciation claims will have some exciting moments soon.

On July 30, the Tax Court attorney and the petitioners' attorney have to provide a joint "what next" document outlining how to handle those 200 or so petitioners who have been awaiting the results of the appeal of the Tax Court "test case" ruling. They lost the "test case", then they lost the appeal. Surprised?

I think it was nothing but a delay tactic, because anybody who read the original Tax Court filings, then read the judge's ruling, should have been able to guess the outcome of the appeal.

Several of our ol' posting pals from Raging Bull are on the list of petitioners waiting their turn in the barrel.

Maybe I will list the names here someday of those who were the primary pumpers, along with a link to the result of their Tax Court petition.

I already have a count of how many lenses they bought. I extracted that info from a court doc back in 2015. Eight years ago.

With that count, it should be relatively easy to come up with a rough estimate of how much they will owe in back taxes. We can also guesstimate how much they will owe in compounded interest for the several years after the taxes were originally due.

Isn't posting info like that what you would expect from a guy they used to call "Evil TED" ???

Sure is a pretty day.

TED
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