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The best answer is the one you get from CRA (Canada Revenue Agency). I would contact them. When they answer ask to speak with a senior advisor, that way you will get the best information. Although well intended, much of what you may receive in... |
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5/23/2013 11:45:28 PM |
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I am in the same boat and would like to know the answer to that.
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5/23/2013 7:32:49 PM |
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The exchange listed is POOSF. My Broker told me that he could not sell the Pink Sheets because I live in Canada and PSN is still on TSX delist. He used the ex. of what happened to Nortel. My question is as we all know the TFSA is a no capital ga... |
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5/23/2013 8:56:08 AM |
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I would not let a symbol change worry you. This happens all the time. Today, for example PetroBakken Energy changed their name to Lightstream Resources and a symbol change from PBN to LTS. When I go to sell this stock both the name and symbol w...
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5/22/2013 8:49:05 PM |
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divvy2 says... Yeah, I was wondering about that. It could be a loophole to gain access to claiming the capital loss earlier. On the other hand, I don't want to create any legal complications, or further red tape for myself. I bought 1640 shar... |
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5/22/2013 11:52:29 AM |
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If you want the capitol loss why dont you try and sell the shares using the symbol as listed on your brokerage account and see what happens. If you do let us know what the results are.
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5/22/2013 11:17:34 AM |
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The change to the OTCBB symbol will not have an effect in terms of claiming a loss. What will determine that is best answered by contacting the Canada Revenue Agency. Normally if a company is removed from the Corporations Registry that would be... |
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5/22/2013 11:12:44 AM |
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I expect that Poseidon Concepts is now, nothing more than a capital loss. But how do we go about claiming it as a capital loss if its wind up is to be tied up in the courts for years? Also, does switching us from PSN to POOSF, have any effect on...
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5/22/2013 10:49:20 AM |
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Excellent post realrealgone. Looks to me like you too recognize that Strelioff seems to post alot of nothing. I too look forward to Strelioff's reply concerning your post... Keep in mind that it wasn't that long ago that she was telling ... |
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5/22/2013 10:28:35 AM |
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In t he case where a cease trade order has been issued, your broker will not be allowed to execute an order on your behalf if you reside in a Canadian jurisdiction. They would be in violation of the cease trader under under NI 12-203, Part 6 sin...
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5/22/2013 10:21:10 AM |
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" The OTCBB is not recognised as an exchange by Canadian securities regulators, therefore your broker would be in violation if they executed an order for a Canadian based client."I've purchased shares through the OTCBB before no pro... |
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5/22/2013 10:07:23 AM |
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Not quite sure where you get your information from. Canada is ranked #2 in the world for investor safety, behind New Zealand. As to your comment about the ASC having the worst securities enforcement track record, I trust you have the means to s...
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5/21/2013 11:51:37 PM |
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The OTCBB is not recognised as an exchange by Canadian securities regulators, therefore your broker would be in violation if they executed an order for a Canadian based client. |
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5/21/2013 11:39:42 PM |
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Has anyone heard anything, positive or negative, about the possibility of the missed final dividend payment getting paid out? Thanks, BG CALGARY, ALBERTA--(Marketwire - Jan. 11, 2013) - The Board of Directors of Poseidon Concepts Corp. (TSX:P...
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5/21/2013 11:18:56 PM |
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POOSF is the symbol used on the US OTC market. The closing price settled at US$.0130 today. While this may look bad it is over 100% over its low of about a half a penny a few days ago. Poseidon never stopped trading in the US. Maybe your brok... |
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5/21/2013 9:19:57 PM |
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Has anyone else experienced this? My trading account now lists POOSF as my stock instead of PSN. Anybody know what's going on with this? And it looks like POOSF has never halted trading!! -divvy2
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5/21/2013 11:10:18 AM |
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you guys seem to be forgetting about one of the biggest financial scams the world has ever seen,and it originated in the good ole usa, the sub prime mortgage scandal threw the whole world into recession...and who went to prison for that? talk abo... |
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5/21/2013 10:17:03 AM |
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Actually Nightowl, it is not our justice system that is at fault, it is our corrupt political system. Most of the present scams are being carried out by our political elite. As for anyone bashing you on this site, that is news to me... I have r...
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5/21/2013 9:21:06 AM |
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They sleep well at night cause you losers in Canada let these scum steal at will and you never lay any charges, its that simple. You have a useless justice system and gutless political zeros. Ok go ahead and bash me now. |
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5/21/2013 8:04:54 AM |
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Keep in mind Golongagain, a lot of scumbags were behind this fraud. When this is over, a lot of folks will have seen the inside of a courtroom. This particular fraud has really hurt Canada's Capital Markets and the regulators know this. What...
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5/20/2013 3:40:37 PM |
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What's your point Kherson??? Some 13% of PSN is stil held buy Insiders! |
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5/20/2013 7:20:59 AM |
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Tragic and sad. Such promise came with such scumbags, it would appear. Sorry for any and all those caught in this. I guess Scott may be off to Switzerland!! Man, how can these guys sleep at night?? Best GOLONG
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5/19/2013 10:23:42 PM |
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Certain folks like to remind us that the ASC has not and is not doing their job. At this point in time, I beg to differ as the recent Daylight case highlights. The scams are now getting too outrageous for the regulators to continue to turn a bli... |
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5/19/2013 8:28:03 AM |
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After the creditors are paid then investors will get the crumbs. Think of it this way. If you bought a brand new truck for 40 grand and drove it for 15 years it would be worth 1000 bucks. So there you could have spent your PSN investment on a tru...
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5/16/2013 11:00:21 PM |
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Canada is known to be the weakest G20 country on enforcement and Alberta has the worst securities enforcement track record. For those who think things have changed and enforcement is a priority .....welcome to my reality: 1. CBC is a crown corpo... |
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5/16/2013 9:47:00 PM |
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Stockhouse.com: Taking
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