DNAprint Genomics (DNAG)

[dgplexus]

Fox,

That looks like good news.

> (2) The following activities, among others, do not constitute transacting business within the meaning of subsection (1):
[...]
> (i) Transacting business in interstate commerce.

It appears their active Status in Utah _is_ sufficient to permit them to engage in interstate commerce, and all the other exceptions you just quoted. Perhaps DNAPrint Genomics discovered they don't need an active corporation in Florida, that their active status in Utah was sufficient, and letting the Florida corporate registrations (there were three in Florida) lapse, may have been part of their prudent cost-cutting measures, during this financing pinch. Makes sense to me, but of course, this is conjecture, as they haven't told me what their rationale was. This is just my best guess.

Anyway, to reiterate, active status in Utah does appear to be sufficient, to engage in interstate commerce, etc. That's good news, and contradicts many of the doom-and-gloom statements that have been posted here so frequently.

Daniel