Ann: Form 604 for BYE, page-8

It does , but I don’t think a cap return works because some current holders would be in profit as in having paid less than the return...i was in the OEL cap ret and that went thru because it was deemed no one was profiting...however when they wanted to increase the amount the extra went thru as an unfranked divi which was a waste of time but done to appease foreign holders who the taxable component didn’t apply..(it was the dumbest weakest thing OEL ever did not standing up to the major SHs imo..)
I do however think they could manage flogging off the BYEs and use some of the carry over losses to frank a divi of those funds back to SHs..