My situation seems simple to me. I invested $25667 from the sale of my house into this oil company. I received back NOTHING! Absolutely NOTHING! I never will receive anything back from my investment! The SEC has filed a lawsuit against the oil company alleging fraud, representing 144 other investors, all who received NOTHING! The Turbo Tax expert said I was still on the hook for taxes due on the oil wells, and I had to pay more than $300 in taxes for those oil wells.
