Exactly how I see this. Why wouldnt the CEO have 27 mil shares of his own company......they are restricted shares.....he cant sell them from my understanding
As far as NYTEX. NYTEX is basically an exchange where cell phone minutes are traded like a commodity (like oil or gold). The more minutes traded and the higher the price per minute the more revenues are generated for NYTEX/TLPH (minutes traded x price per minute). The price per minute varies per country. The link below is where you can find the number of minutes traded per 24 hour period and the price. If you click on "Operators" it lists all of the telephone group operators which have signed on to NYTEX as well.
They filed a 15-12G so they would NOT have to file.......then bought NYTEX "supposedly" after the filing, but 2 months AFTER they changed the name of UAMA in FL......wtfreak?
The CEO could have very plainly explained to UAMA shareholders what happened to their assets, even in a PR. Of course LEGALLY he doesn't have to since THEY DO NOT FILE!
At some point NYTEX will have to be declared for TLPH to remain current. Will it be disclosed how a FL corp became a NY corp? Of course the NY corp has existed since 2008, and was never moved to FL in the first place, now was it?
Now if folks believe UAMA will receive 20 million TLPH shares, shouldn't we see a Form 3 filed listing UAMA as a beneficial owner?