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Gold/Mining/Energy : Arcon Energy (MIDL Presently) The Ultimate Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: Harry_Behemoth who wrote (2387)6/2/1998 11:04:00 PM
From: Binder  Respond to of 4142
 
I think the only time there is a tax consequence is when you sell them, whether they are in warrant or common form. If you convert warrants to common, and then sell the common, I believe your tax liability would be derived from the cost basis for the cost basis of the common.

You are probably better off asking a CPA that one.

:-)
Binder


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