Just who buys this stuff – Guerrilla Update (YUII)

Add another name to the portfolio of halted Chinese reverse mergers owned by Peter Siris. This morning, after a painfully funny conference call by Yuhe International management, yesterday’s “suspension” in research coverage by crack analyst Joe Giamichael of Global Hunter, and the previous day’s reiteration of his buy rating, the NASDAQ halted trading in YUII.

As of the most recent filings, the stuckholders include old friend Tim Halter, whose Halter Financial held 948k shares (4.68% of the company), Ardsley Advisory Partners with a whopping 2.5mm shares (12.35% of the company) and Peter SirisGuerrilla Capital, whom we met here, with over 488k shares (2.41% of Yuhe). Fine work gentlemen!

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