Exigent International, Inc. (XGNT) Message Board

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Microcap & Penny Stocks : Exigent International, Inc. (XGNT)

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To: WallStBum who wrote (128)	11/10/1998 5:57:00 PM
From: Joseph F. Trombetta	Read Replies (1) of 159

Check this out.. We get new shares MELBOURNE, Fla., Nov 2 (Reuters) - Exigent International Inc. (OTC BB:XGNT - news) said Monday it adopted a shareholder rights plan with a 15 percent trigger. The board declared a dividend of one ''preferred share purchase right'' for each outstanding common share held by shareholders of record at the close of business on November 17. The company said the plan is meant to discourage coercive takeover practices, but was not a response to any particular takeover activity or inquiry. Exigent International is a holding company specializing in satellite command and control solutions for systems such as IRIDIUM and the NAVSTAR Global Positioning System. WE ARE NOW ON OUR WAY UP.. Thanks Joey T.

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