Identix (IDNX) Message Board

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Technology Stocks : Identix (IDNX)

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To: steven Probst who wrote (10129)	8/31/1998 8:28:00 PM
From: David	Read Replies (1) of 26039

I haven't seen the latest Edgar filing -- and I'm not a corporate attorney anyway -- but a change in the state of incorporation can be done for several reasons, including finding a state that provides more shelter against hostile takeovers (a concern with this depressed stock price) or a lower tax rate (one day IDX will run out of tax credits). FYI, DBII recently changed its state of incorporation to Rhode Island. I don't know why. As for more stock, that stuff can be used for secondary offerings -- although we'd be much better off with a secondary and a high stock price. What's the present limit on stock shares?

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