Happy Easter to all today.

With the discussions about debentures, (lack of dilution, thankfully), and investment strategies, I thought I’d mention something I learned last year.  Lots probably know this already, but I didn’t.  I knew the Roth IRA (speaking strictly on US side), was a favorable to place to put shares for your retirement (if you anticipate appreciation).  Simplistically, you pay taxes on the contribution, and the withdrawals including gains are not taxed.  Please check on the limitations based on your age and several other variables.  This would contrast with a SEP IRA where you can contribute without taxation initially but are taxed on withdrawals for both the principle and appreciation.

So, if you have maxed out your Roth IRA for the year, under my understanding, you can “recharacterize” your SEP IRA account equities and transfer them to your ROTH IRA,.  You do need to pay taxes on the contributions in that same year, if not at the time of the transfer.

Please check with your account, broker, financial advisor, lawyer, before you try this, I am no expert in this area. 

Intriguing note Rick the Vet made regarding what the funds raised in the debenture offer are for....... “Of interest, listed under ‘Use of Proceeds’ is: To fund PTK's optical interposer customer orders.”

My gosh, looks good to me. 

In closing, please let me reiterate, the above “recharacterization ”option  is my understanding and by no means represents professional advice.  I welcome anyone who has corrections, additions, or clarifications.  Just trying to help folks who may not qualify for accreditation and want to optimize their position.  GLTA (longs)    BT