Income Taxes and Record Keeping ( tax ) Message Board

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Strategies & Market Trends : Income Taxes and Record Keeping ( tax )

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To: Charliss who wrote (922)	4/3/1998 7:16:00 AM
From: Beverley Davies	of 5810

Hi Charliss Freshstart Venture Capital Corp. (Nasdaq Small Cap) is what is known as a Specialized Small Business Investment Company (SSBIC), which, you're correct, allows for deferral of capital gains of other investments. An SSBIC provides financing for Small Business Investment Companies (SBIC). They've been available since 1986, but not very well known to the investment community as they've mostly been private companies. It's believed that FSVC is the only publicly traded SSBIC, and it looks as though it's IPO was late 1996(?) Two following two sites should be able to answer most of your questions: http://www.toolkit.cch.com//columns/capgains.stm http://www.tomorrowcast.com/fsvc.html You may have already determined there's a newly created thread on FSVC: http://www.siliconinvestor.com/~wsapi/investor/Subject-18862 Beverley ps. I am by no means promoting FSVC. Never heard of them or SSBIC's until you posted your question, and was thoroughly intrigued. Started internet research, and posted my findings here. Plan to call Freshstart today to find out more.

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