Valueless Security or Share

[portaferry]

When you need to write of the value of a security; what is the best way of doing this?

[Mark]

Hi portaferry,

There are a couple of options:

1) Record a sell of all your shares for $0

2) If you still have the shares in your account, and want it to reconcile, record a very small closing price ($0.000001), but leave your shares in the account.