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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Nov 24 4:00 PM EST

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To: Hawkmoon who wrote (8949)3/18/1998 8:52:00 AM
From: MMender  Read Replies (1) of 13091
 
HYPOTHETICAL QUESTION!!!
Many of us have GRNO in our IRA accounts. Can this stock be transferred to a Roth IRA ( leaving the rest of the account alone ).A partial pay out of an IRA ( No penalty if we are over 59 1/2 ). We then pay tax on a $0.50 stock. This also spread over 4 years. If, as we hope, the stock goes up when Roth IRA is cashed in, or is inherited, there would be no tax at all on gain.

Any input out there in GRNO land?

HYPOTHETICAL QUESTION!!!

Regards, Eli
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