It's not news because a monkey could incorporate in Nevada. Seriously.
Consumer Electronics Show is in Nevada, Genesi is attending the show, therefore they incorporated in Nevada.
You know, and this isn't aimed at your comment, but some of the others, why people jumped to the most bizarre of conclusions instead of taking the simple one first. Its a tax dodge...whatever, noone shows a profit their first year...its just accounting principles not a slam on genesi, so they have plenty of time to find the best state for taxes.
Seriously, at their size, they aren't going to get any special deals. But I digress...letsee what else to whine about.....
Oh yes, being easy to get a tax number...of course, anyone can volunteer to pay taxes.
I think it is news, even though it is true anyone can incorporate, it wasn't just anyone that did, it was genesi and they are a company with product, and thats more than say....Ohhhh a merlancia....