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Re: genisi post# 44148

Monday, 04/02/2007 2:49:21 AM

Monday, April 02, 2007 2:49:21 AM

Post# of 252482
PLX – Good to know we are in agreement. One reason I don’t think a higher valuation is warranted is that there should be a significant minority-shareholder discount when a company is majority-owned by insiders.

Moreover, the parent company is incorporated in Florida rather than Delaware, and hence it does not offer as much protection to minority shareholders as a Delaware corporation. Regards, Dew

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