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DewDiligence

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DewDiligence

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Re: steveporsche post# 63081

Friday, 05/30/2008 3:56:10 PM

Friday, May 30, 2008 3:56:10 PM

Post# of 252642
NVS has the contractual right to “true up” its IDIX equity stake to keep it at 56%. Thus, from time to time (the previous instance was in 2006) NVS acquires a small number of shares directly from IDIX to offset increases in the share count from option exercises. Regards, Dew

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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