Terax Energy (TEXG)

[IHUBfan]

Record date is the date of symbol change

I just talked with Steve Taylor and he said the deal is still going through and it is hard to know with NASD when exactly the symbol will change. At this point he doesn't seem to know any more.
But on the date of the symbol change we will have twice as many shares. So I asked him if we have 100 shares of Terax now, how many of Westar Oil would we get. He said we will have 200 shares of the new company! But he said the market will decide the price of these shares.
Is this clear as mud?