YTB also announced that executive vice president and chairman J. Scott Tomer resigned his posts in the company as of August 31. A new chairman will be appointed at YTB's next board meeting.
September 6, 2012 -- YTB International Inc. announced that it has ended merger discussions with LTS Neutraceuticals Inc. In a regulatory filing, YTB said that it "has determined that, after further analysis and consideration, a merger with LTS Neutraceuticals Inc. is not in the best long-term interests of the stockholders and would no enhance the strategic or competitive stance of the company."
