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.