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LVL, LV LIVING LIMITED
dlux
post Posted: Jun 11 2007, 07:08 PM
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In reply to: deadone on Monday 11/06/07 10:31am

Hi deadone

You are very correct I remember reading about that on the 'delisted site'.

Naturally if they come good 'delisted' makes the profit.

http://www.delisted.com.au/default.aspx

 
deadone
post Posted: Jun 11 2007, 10:31 AM
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In reply to: dlux on Sunday 10/06/07 11:43pm

hi dlux
in the past people have sold their shares in companies that are in suspension and can't be traded to delist, what delist did was to buy your shares for lets say $10.00 then charge you a $80.00 transfer fee, you then could claim the loss on your tax, they are not doing this at the moment.

you hit the nail on the head on the thick one, he borrowed up to $17,000 on his credit card , as written by krisbarry on SS and HC about two years ago

 
veeone
post Posted: Jun 11 2007, 10:25 AM
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Sounds interesting Datum!! Who buys them if this is the case???
V1

 
dlux
post Posted: Jun 10 2007, 11:43 PM
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In reply to: deadone on Sunday 10/06/07 03:21pm

"there was a very thick poster who used to post on the LVL "

Did krisbarry have a credit card?

What fool gave him credit? Debit I can understand but credit?

But perhaps you mean someone else as kris sold out yonks ago if the posts are to be believed.

And as far as the tax loss claims go LVL must be officially 'written off' before you can claim- that is unless you know a good accountant & by the way there will be an ASX ann before it ever hits the delisted site.,



 
deadone
post Posted: Jun 10 2007, 03:21 PM
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have a look at www.delisted.com.au
it's to early to say that LVL is in it's grave but the body is very cold.
last week there was a link on share scean about people who bought shares on their credit card, there was a very thick poster who used to post on the LVL page who was 100% invested in LVL who borrowed the lot on his card.

 
datum
post Posted: Jun 10 2007, 02:43 PM
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jaym
their is some sort of facility available, that when a company
goes into receivership & you cant sell your shares on market, you can use this
facility/system to sell your shares. Maybe ASIC can help in this regard.

Although LVL might torture you a bit longer & it might not be
until next fin year before you claim your losses.
.



--------------------
This is not a bottom draw stock. This is a stock you take to the grave with you.
 


veeone
post Posted: Jun 10 2007, 12:26 PM
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jaym
You have to sell the shares to recognise the loss.
Wow if paper losses were ok we would have a field day...LOL
Good luck

 
datum
post Posted: Jun 9 2007, 07:51 PM
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the ASX release on 15/05/2007 states the suspension
was for them to decide whether to purchase a business called Onsite Direct.
& the trading halt was only meant to be for a week.
i think it is a load of bollocks.
i think they will go into receivership.



--------------------
This is not a bottom draw stock. This is a stock you take to the grave with you.
 
jaym
post Posted: Jun 9 2007, 07:23 AM
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Anyone know anything about these guys? they have been off since may 11th! Dont tell me I cant even use them for a tax write off?
I'm guessing I have to sell for it to be tax write off? Or is paper loss ok??

 
deadone
post Posted: May 11 2007, 05:41 PM
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lets hope they don't go broke , there is one punter who wants to buy 5,000,000 LVLO @ .1 cents, he wants to throw away $500 on a very long shot.
biggrin.gif

 
 


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