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Microcap & Penny Stocks : American International Industries Inc. OTC BB Symbol EDII -- Ignore unavailable to you. Want to Upgrade?

To: BigDaddyMac who wrote (1499)	7/23/1998 12:12:00 AM
From: Samgee	Respond to of 4814

Janice/JMT, I'd like to ask you a simple question. (AGAIN!) Why in the world are you bashing EDII morning, noon, and night? Obviously, you do not wish to own EDII stock. The only reason that makes sense why you're bashing EDII's stock is that you, Janice/jmt (or whomever you represent), are running scared because you are SHORT of a very large number of EDII shares. You said yourself that you have a "target entry point of 8 cents per share". If all these things you claim are true (and obviously they are not), 1) you wouldn't care to buy the stock even at 8 cents and 2) you would not be spending so much energy bashing the management of EDII so personally. Not one person in their RIGHT MIND would be spending so much of their time (and to such a great extent) unless they have a great personal interest in seeing EDII shares plummet. Janice/jmt, we know you are NOT some saint who came to protect all of Wall Street from investing in EDII. Some people are positive about life, some are negative, some people see the glass half full, others (like you Janice/jmt) refuse to see anything other than the glass half empty.

To: BigDaddyMac who wrote (1499)	7/23/1998 4:46:00 AM
From: EL KABONG!!!	Read Replies (2) \| Respond to of 4814

Mitchell, * Tax Question * I believe that somewhere back in this thread I read that EDII will be issuing stock as a dividend to current shareholders. I forget the exact amount or percentage. My question is, for income tax purposes, how does one value the stock received as a dividend? Dividends are taxed at ordinary income rates, so would you take the value of the stock on the date of issue times the number of shares and the result is the taxable amount? If you hold onto the stock and it appreciates (or depreciates) the additional gain (loss) is capital gains (losses), and would that be taxed separately at the eventual time of sale? Just curious about the tax situation as I've never had a company give me more stock as a bonus. I'm sure it's been done before somewhere, but I've just never seen it before. Thanks. KJC