Replies to post #8360 on Cdex, Inc. (fka CDEX)

[Crow3]

All of their trading except for PPs and gifts and grants, have been under CEXI..

[d4diddy]

Crow,

"They can dissolve the corporation, yes. But then the CDEX BOD can file new letters of Corporation, and come back to where they are..."

I don't believe that's true. I think the incorporators are default trustees until such time as they assign the officers and BODs in the state filings.

In most cases the incorporators will assign themselves the controlling positions, but if the intent is to "pass the hot potato" (TM- Stock_distributor) they do not.