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Technology Stocks : Identix (IDNX) -- Ignore unavailable to you. Want to Upgrade?


To: steven Probst who wrote (10129)8/31/1998 7:36:00 PM
From: jean  Respond to of 26039
 
steven...The reason the link won't work is that Edgar restricts access to new information. Members only and all that. Thanks for trying, though. Maybe John or someone can give us the lowdown. Hope it doesn't mean the stock will go down lower...(I know - bad play on words.) Jean



To: steven Probst who wrote (10129)8/31/1998 8:28:00 PM
From: David  Read Replies (1) | Respond to 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?