LandColt Trading, LLC to Remain Independent and Not Be Acquired by The BlackBay Group

FOR IMMEDIATE RELEASE
New YORK ,New Jersey, Connecticut, New York, United States of America (Free-Press-Release.com) November 3, 2011 -- NEW YORK – November 2, 2011 – LandColt Trading, LLC today announced its board has unanimously voted down a proposal to be acquired by The BlackBay Group. The move to remain independent is mostly a result of the bankruptcy filed by Chicago-based MF Global and is not related to the ongoing operations of BlackBay or any of its affiliates.

LandColt Trading, LLC will revert back to its pre-announced merger plans and continue with its 12-month strategy of expanding its business model to coexist with other Wall Street trading firms. The company’s logo, blog, website and social networking accounts will be adjusted immediately to reflect the LandColt Trading brand.

“While all of us are disappointed the buyout could not be completed, the events surrounding MF Global were just too powerful to overcome,” explained Todd M. Schoenberger, Managing Director of LandColt Trading, LLC. “Fortunately, our clients and subscribers will not be impacted by the switch and we look forward to continuing our mission as a respected and reputable Wall Street firm.”

LandColt Trading, LLC has publicly stated it intends to be open to all options in regards to partnership or acquisition, and intends to expand its operation into overseas markets. All staff will remain with LandColt Trading.

About LandColt Trading, LLC

LandColt Trading, LLC was established in 2009 and is headquartered in Delaware. The firm has offices in Lewes, DE and New York, NY.

LandColt Trading’s mission is to proactively and ethically offer trading solutions for a client’s “explore” investments with a passion for calculated risk-taking and thorough due diligence. The firm is committed to providing a best-in-class user experience. In every subscriber relationship, LandColt Trading strives to be a trusted partner.

For more information on LandColt Trading, LLC or any of its investment models, please go to the firm’s corporate website at www.LandColtTrading.com or send an email to info@LandColtTrading.com.

In addition, be sure to join the LandColt Trading Community via Facebook, LinkedIn and Twitter for more frequent updates.

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LCPR11012011 – NY55BROAD

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