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fromtheuk

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fromtheuk

Re: None

Wednesday, 02/22/2012 5:18:44 AM

Wednesday, February 22, 2012 5:18:44 AM

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Traweled through the 10q. Not much there, but a couple of observations.

Value of the company (a lot in goodwill) has been boosted by 5 million due to NYTEX. now about 8.5M or 0.15 per share.

No Nytex earnings reported as that we be in the jan - march earnings.

From its time in UAMA we knew the Nytex had decent cash on hand. I think thats hidden in the goodwill. we shall see in 3 months.

The biggest physical asset is the Nytex trading platform valued at about 2 mil.
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