ET Brutus
PO Box 1605
Los Altos, CA 94023

P: 650-862-6797
F: 650-857-0773
E: sales@etbrutus.com

ET Brutus helps private equity investors easily and legally recognize investment losses in the tax year of their choice. Specifically, it purchases stock of dead or dying companies for $1 plus a small service fee of $25 per position so the investor can recognize the tax loss.

How does this work?
If you are interested in selling private equity stock to ET Brutus, please email sales@etbrutus.com. In the email, please include your name and contact information including phone number, so we can call you back.

When one of the partners contacts you, they will ask about the investment. In addition to understanding why you want to sell the stock, we will need the following information:

  • Name of the Company
  • Type of Business/ Industry
  • Amount Invested
  • Form of Investment (Is it Series A stock or a later stage)
  • Company Contact Information including email, phone, and /or mailing address

If possible, we would appreciate the name of the Company’s law firm.

If we agree to purchase the stock, we will need you to scan or fax us a copy of the stock certificate(s). Please use a cover sheet and email to sales@etbrutus.com or fax them to: 650-857-0773.
As soon as we get the copy of the stock certificates, we will email you the legal agreement. Please print and sign 2 copies. Mail the 2 signed copies, your check for $25 per position made out to ET Brutus, PLUS the original stock certificates to:
  ET Brutus
PO Box 1605
Los Altos, CA 94023
A check for $1 US Dollar per position will be mailed to you, along with the legal agreement with our signature. Please make sure you cash this check in a timely way, as it is further proof of the sale of stock. We will notify the Company of the transfer of ownership.
How long does this transaction take?
 

Normally, a week if the US Postal Service is used. With overnight delivery, the transaction can be done in 24 hours.

What will ET Brutus buy?

Any U.S. private company stock, note or warrant including:

-Start Ups
-Family Businesses
-Real Estate Partnerships
-Oil & Gas Partnerships

Why should I sell to ET Brutus?

ET Brutus has been buying dead or dying stock from investors since 1999. We know how to quickly and easily handle these transactions so that there are not any future tax issues.

Not all investments are winners. Sometimes the entrepreneurs just walk away from their company and never formally close the company. Legally, this means the State and the Federal government think the company is still in operation. As long as the government thinks the company is still operating, you as an investor cannot take your rightful loss.

By selling your interests to ET Brutus, you have a provable legal event that allows the tax loss to be recognized. Some companies may take a year or more to officially close. With ET Brutus, you can recognize the loss in the tax year of your choice.

Please refer to your tax advisor to determine if you should recognize the tax loss this year.
ET Brutus does not provide any investment or tax advice.