Video City stock

[Patri]

OK, I went through my dad's effects. Found a certificate for shares in Video City, Inc. It was based out of Bakersfield CA. Dated 2002.
Pretty sure the company has folded or been bought out. I can't find any info on it. Thoughts before I toss the paperwork?

 

[SmithOp]

Do you know the cost basis? (how much he paid). It might be worth taking the capital loss on his final tax return if he has any tax liability.

"Death of taxpayer. Capital losses cannot be carried over after a taxpayer's death. They are deductible only on the final income tax return filed on the decedent's behalf. "

https://www.irs.gov/publications/p544/ch04.html


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[SMHarman]

Here is a 10K about a chapter 11
http://www.getfilings.com/o0001017062-02-001111.html

 

[SMHarman]

Bloomberg data.
http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=361112
Ticker was VDCY.
May still exist as a private company.