InvestorsHub Logo
Followers 137
Posts 10050
Boards Moderated 0
Alias Born 04/13/2007

Re: hedge_fun post# 163

Wednesday, 01/11/2012 12:02:13 PM

Wednesday, January 11, 2012 12:02:13 PM

Post# of 335
I am not an expert in that area. But as far as merging NYTEX into UAMA. I think the process became more difficult and frustrating then they had envisioned. They apparently were going back and forth with FINRA over information requirements, the name change, and also had 3 years of filings to get up to date with the UAMA shell. I know this because I owned UAMA over the summer. So perhaps they felt it was just easier for TLPH to purchase the NYTEX assets.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.